Employee Benefits

JANUARY 26, 2022

The benefits offered by Together Housing Group: Pension. Local government pension schemes (LGPS) with varying employer contribution levels. Defined benefit (DB) scheme. Defined contribution (DC) salary sacrifice scheme with 3% or 5% employee contribution matched by 6% or10% employer contribution. TechScheme.

Pension 59

Pension Parental Leave Salary Deductions 59

Employee Benefits

DECEMBER 19, 2023

To help with this, WEALTH at work has outlined below 10 tips to share with employees. According to the Financial Conduct Authority (FCA) [1] , 10.9 million adults in the UK (21%) felt that keeping up with their bills and credit commitments was a heavy burden, which was up 3.1 million compared to the 7.8 million the year previous (15%).

Finance 104

Finance Banking Pension Insurance 104

cipHR

MARCH 27, 2023

Anyone thinking about whether the time is right to move towards payroll outsourcing will need to assess the benefits that can be gained and the credentials of outsourced payroll providers. Any outsourced payroll provider will need to be able to handle pension deductions from an employee’s salary when performing payroll runs.

Payroll 52

Payroll Outsourcing Payroll Payroll Software Family and Medical Leave Act 52

Employee Benefits

MARCH 19, 2024

It’s Debt Awareness Week, so, like the campaign, we’re exploring why employees aren’t sharing their money worries with their employers or seeking professional support. There’s a stigma. Money often remains a taboo subject in the workplace, yet employees with money worries bring their stress to work, directly impacting businesses.

Salary 52

Salary Deductions Deductible Retail 52

Employee Benefits

AUGUST 8, 2023

While some of these benefits can be discretionary, there are a few that UK businesses, irrespective of their scale, must provide. This piece sheds light on the indispensable employee benefits in accordance with UK regulations. Which employee benefits are required by law? Yet, some benefits are mandated by UK law.

Pension 52

Pension Paid Leave Parental Leave Voluntary Benefits 52

cipHR

NOVEMBER 15, 2021

As head of payroll bureau services at CIPHR’s sister company PBS , a payroll software and service provider, Jon and his team process payroll and BACS salary payments for 94,000 employees, across 500 organisations every month. Research by CIPHR reveals that nearly a quarter (22%) of UK workers don’t regularly check their payslips.

Pension 98

Pension Gross Pay Payroll Deductions 98

Employee Benefits

FEBRUARY 26, 2024

High employee turnover rates are a financial risk, and during this blog, we’ll explore all the elements to consider when creating a long-term employee retention strategy. Are you at high risk of high employee turnover? We interviewed over 1,000 UK employees and found that almost half would be looking for a new role in 2024.

Employee Retention 111

Employee Retention Bonuses Recruitment Taxes 111

Employee Benefits

JANUARY 21, 2022

Also, many employees in defined benefit (DB) pension schemes are unaware that their pension is valued at twenty times their annual pension for LTA purposes, and so an annual pension of £30,000 has a value of £600,000 for the purpose of testing it against the LTA. This includes: 1. Those who are blissfully unaware .

Pension 52

Pension Taxes Pension Benefit Education 52

Empuls

APRIL 28, 2023

According to a recent study by HBR , 80% of employees say that benefits are a significant factor in deciding whether to accept a job offer, and 60% of employees report that benefits are a major reason for staying with their current employer. Employee benefits are a crucial part of any organization's overall compensation package.

Family and Medical Leave Act 40

Family and Medical Leave Act Employee Benefits Parental Leave Benefits Package 40

Vantage Circle

JUNE 16, 2021

If that's the case, a profit-sharing plan is just right for you! According to a Gallup poll, 40% of the employees want profit-sharing options as a part of their compensation plan. According to a Gallup poll, 40% of the employees want profit-sharing options as a part of their compensation plan. What is Profit-Sharing?

401(k) 52

401(k) Profit Sharing Plan Retirement Plan Bonuses 52

cipHR

JULY 25, 2022

From pay run to pay run, you’ll be coping with various adjustments in pay; some individuals might change their working hours, others may go on sabbatical, or family leave and therefore won’t be receiving their usual salary, and there are also freelancers and contractors to consider, particularly in relation to off-payroll working rules.

Outsourcing Payroll 52

Outsourcing Payroll Payroll Payroll Software Payroll Service 52

Global People Strategist

FEBRUARY 12, 2019

– This aspect of the proposal applies to companies certified as sustainable or ecological and who grant annual salary increases to all employees, equivalent to increase in productivity. Although it has only just begun, President Andrés Manuel López’s regime is already being referred to as a new era for politics in Mexico. Tax Policy.

Employment 40

Employment Taxes Government Deductions 40

Bayzat

SEPTEMBER 25, 2023

Last Updated on September 25, 2023 by Farhan The relationship between an employer and employee is one of the most important. It is vital to support the relationship with rules and regulations to ensure the safety of all parties. Countries tend to establish labour laws to regulate this relationship. What is UAE Labour Law?

Parental Leave 40

Parental Leave Salary Banking Government 40