Employee Benefits
Building an inclusive benefits strategy. The market-leading website for the reward and employee benefits industry in the UK. It supplies the latest news, analysis, compliance issues and research. as well as a vast reference library on employee benefits.
Tesco focuses on pension scheme members’ retirement outcomes
Aug 12, 2021 · Ruston Smith, non-executive chair of the Tesco Pension Fund and a former chairman of Pensions and Lifetime Savings Association (PSLA), highlights the need for employers generally to maintain focus on member outcomes in retirement, particularly in regard to auto-enrolment schemes that may have been set up nearly a decade ago. “As employers ...
News - Employee Benefits
The top 10 most read articles between 4 – 10 October 2024. The latest news, covering all areas of employee benefits, including pay, pensions and health and wellbeing; how organisations are approaching their employee benefits programmes; tax …
Buyer’s guide to corporate eyecare - Employee Benefits
Apr 22, 2015 · Providers include ASE Corporate Eyecare, Boots and Vision Express, and employers can expect to pay anything from £15 upwards for a voucher. Broad eyecare cover. Broader cover is also available, allowing employees to get money towards new glasses. For example, as well as covering an eye test, National Dental Plan’s optical plan includes £50 ...
Key facts about childcare vouchers - Employee Benefits
Apr 12, 2017 · Key facts about childcare vouchers. If you read nothing else, read this…. • Employees can use childcare vouchers for any registered nursery or childminder, as well as after-school and summer clubs, for children up to the age of 16. • Vouchers can be refunded, but they cannot be transferred between employers.
Buyer's guide to health cash plans - Employee Benefits
Oct 24, 2023 · LaingBuisson’s 2022 Health cover UK market report found that total spending on health cash plans in the UK at the end of 2020 was £411 million. Of this, £146 million was from employer-paid plans. The total benefit paid was £219 million. The average annual price paid per employer-paid plan was £100, and for individuals was £248.
McDonald’s Restaurants puts motivation and reward at heart of …
Jun 3, 2015 · Motivation is a key focus within the organisation. McDonald’s also incentivises and supports desired behaviours through two bonus schemes for its 400 company-owned restaurants. Each month, all employees in the top 10% of restaurants, based on mystery shopper scores, receive a bonus of 50p for each hour they have worked in a two-week period.
The benefits offered by Royal Mail
May 1, 2019 · The benefits offered by Royal Mail. The benefits offered by Royal Mail: Pensions, pay and group risk. Royal Mail’s defined benefit (DB) pension scheme was closed to new members in March 2008 and new employees are provided with a defined contribution (DC) pension. The DB arrangement closed to future accrual in March 2018; members of this ...
5 Reasons Why You Need ‘Employee of the Month’ Awards
Jan 12, 2023 · 1. Positive Work Culture. ‘ Employee of the Month ‘ is great for creating a positive work culture. Recognition is essential for employee wellbeing and high performance. And both of these factors can significantly impact the success of a business and its people. Positive work culture can also help you attract, hire and retain the best people ...
Katie Davies: Hypothetical tax and calculating fair compensation …
Jul 15, 2015 · The employer then withholds that amount from the employee’s pay check and ‘overrides’ the actual payroll tax withholding. Meanwhile, the employer takes responsibility for the payment of actual tax liabilities in both the home and host countries. In tax terms, the employee then neither benefits nor loses by relocating to the different tax jurisdiction.