Employee Benefits

MARCH 15, 2023

Spring Budget 2023: The government has frozen fuel duty for another 12 months, according to Chancellor of the Exchequer Jeremy Hunt’s speech to the House of Commons today (15 March 2023). The post Spring Budget 2023: Freeze on fuel duty for 12 months appeared first on Employee Benefits.

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Transportation Government Employee Benefits Taxes 59

Employee Benefits

MARCH 15, 2023

Spring Budget 2023: The government has announced that it will give tax agents access to payroll benefits in kind for employers. The post Spring Budget 2023: Tax agents given access to payroll benefits in kind appeared first on Employee Benefits.

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Taxes Payroll Government Employee Benefits 52

Employee Benefits

MARCH 6, 2024

Spring Budget 2024: The government is to cut employee national insurance contributions (NICs) by two pence, falling from 10% to 8% from 6 April. When combined with the cuts announced in the Autumn Statement 2023, the OBR expects that total hours worked will increase by the equivalent of around 200,000 full-time workers by 2028-29.

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Insurance Taxes Government Salary 111

Employee Benefits

MAY 8, 2024

The Spring Budget built on the Mansion House speech in many ways. Following the joint consultation of the Department for Work and Pensions, TPR and the FCA in 2023, an FCA consultation is expected which will lay out plans to have contract-based schemes disclose historical net investment returns for their default funds.

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Employee Benefits

MARCH 6, 2024

Chancellor of the Exchequer Jeremy Hunt will deliver his Spring Budget 2024 speech at 12.30pm on Wednesday 6 March 2024. Stay tuned to the Employee Benefits website for all the latest updates on how the Spring Budget could impact pay, pensions and benefits for employers and staff.

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Employee Benefits

MARCH 17, 2023

The top 10 most-read articles on www.employeebenefits.co.uk The top 10 most-read articles on www.employeebenefits.co.uk

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Parental Leave Pension Bonuses Government 98

Employee Benefits

MARCH 8, 2024

between 1 – 7 March 2024 were: Asda to raise pay for 120,000 hourly-paid store employees Currys increases salary for 10,000 staff and boosts minimum pay rates Tesco to increase pay above the real living wage Stay up to date with the Spring Budget 2024 Surrey County Council payroll error sees employees receive wrong wages Clarins reports 33.6%

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Healthcare Payroll Salary Employee Benefits 59

Employee Benefits

MARCH 17, 2023

The other big news this week, of course, was this year’s Spring Budget. The Budget contained myriad measures impacting the reward and benefits industry, most notably around pensions, childcare, and both mental and occupational health. appeared first on Employee Benefits.

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Pension Taxes Government Payroll 59

Workplace Insight

MARCH 7, 2024

Yesterday’s Spring Budget included a number of announcements that affect the various people, place and technology professions in the UK. The Autumn Budget in November 2023 teased us with the “Back to Work” plan to support sick or disabled adults back into work along with a launch of the occupational health consultation.

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Employee Benefits

FEBRUARY 9, 2024

Two-fifths (44%) of GP nursing employees in England did not receive a pay rise at all for 2023/24, according to research by the Royal College of Nursing (RCN). Of the small number who did receive a pay rise, 19% did not have their pay backdated to April 2023.

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HR Lineup

SEPTEMBER 29, 2023

In 2023, the demand for such software has surged, prompting innovation and improvements in existing solutions. Here, we’ll delve into the top 10 financial wellness software options for 2023, examining two of the most notable features of each. Top 10 Employee Financial Wellness Platforms of 2023 1.

Software 52

Software Retirement Plan Financial Counseling Education 52

Employee Benefits

MARCH 4, 2024

With this in mind, imagine the ‘ooohs’ and ‘ahhhhs’ when one of the rabbits out of the 2023 Spring Budget hat was the announcement to make the LTA disappear. The lifetime allowance (LTA) is one of those subjects referenced in lots of pension literature , and yet, it only affects a minority of people.

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Pension Pension Benefit Taxes Government 59

Employee Benefits

MARCH 27, 2023

The pension freedoms that were announced in the 2014 Budget, and came into effect in April 2015, gave employees more choices and greater flexibility over their retirement options. The government also increased the money purchase annual allowance (MPAA) from £4,000 in the 2022/223 tax year, to £10,000 from April 2023.

Pension 111

Pension Taxes Government Salary 111

Employee Benefits

JANUARY 19, 2024

This followed the announcement of an extension of funding for free childcare in last year’s Spring Budget. From 1 January, parents have been able to apply for a code to access funding for 15 hours of childcare for two-year-olds from 1 April. This means employers could potentially be losing out on valuable skills and experience.

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Employee Benefits

APRIL 24, 2024

He, therefore, announced plans in his Spring Budget for a reporting regime for pension schemes to disclose the level of their investment allocations to UK markets. in the World Index, according to the Capital Markets Industry Taskforce in December 2023. per annum to 31 December 2023.

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Pension Employment Government Banking 59

Workplace Insight

MARCH 15, 2023

Today the UK’s Chancellor of the Exchequer, Jeremy Hunt presented his Spring Budget to the House of Commons. 7 in 10 businesses that prioritise these ‘power skills’ alongside technical skills in their workforce experienced consistent project success in the past year, according to our Pulse of the Profession 2023 study.”

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Family and Medical Leave Act Parental Leave Pension Government 98

Business Management Daily

JANUARY 11, 2023

Nevertheless, 2023 is looking like another challenging year for Payroll as we get a few insights into what to expect. Proposed regulations covering white-collar employees were included in the Department of Labor’s spring 2022 semiannual regulatory agenda. Axed business travel budgets. We wish we had a crystal ball, but we don’t.

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Employee Benefits

JUNE 9, 2023

.* It’s an incredibly timely question, considering the current UK government focus on the ‘economically active’, with those on long-term sick leave a big part of that focus, as set out in the Health & Disability White Paper that accompanied the 2023 Spring Budget.

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Government Insurance Media Healthcare 133

Business Management Daily

JANUARY 8, 2024

From building a rapport with your team to problem-solving roadblocks that spring up in your new role, being a new manager comes with a lot of new responsibilities. But once you’ve celebrated your new role and updated your LinkedIn profile, there will also be a lot of challenges to navigate as a new manager.

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Management Software Construction Employee Recognition 104

Business Management Daily

APRIL 25, 2023

Finding and retaining top talent is more complex than ever in 2023, and as LinkedIn’s most recent Workplace Learning Report discovered – 93% of companies have growing concerns over employee retention. Beginning in the spring of 2021, employees began leaving their jobs in record numbers. health insurance, FMLA, unemployment, etc.),

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Salary Benefits Package Recruitment PTO 105

Employee Benefits

APRIL 10, 2023

According to an online survey of 3,059 UK working adults who paid into a pension in the last 12 months carried out on behalf of the Living Wage Foundation in February 2023, more than half of pension savers feel they will never be able to retire. This builds on auto-enrolment, where employers are only required to contribute 3%.

Retirement Plan 64

Retirement Plan Pension Taxes Education 64

Empuls

SEPTEMBER 14, 2023

10 Best employee scheduling software solutions in 2023 Here are 10 best employee scheduling software solutions you must check in 2023. Companies that use Paycor Spring Arbor University Maverick Boys & Girls Club Synergy Services Midwest Security Services G2 rating : 4/5 from 679 reviews Capterra rating : 4.4/5

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Software Payroll Payroll Software Human Resources 52