Employee Benefits
WEBJul 1, 2006 · 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.
Buyer’s guide to corporate eyecare - Employee Benefits
WEBApr 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 …
Flex Appeal: What is it, and how does it affect HR?
WEBNov 25, 2019 · Flex Appeal has two goals: Encourage people who may benefit from flexible working to feel they can make the request; and encourage employers to see the benefits of flexible working, and consider saying yes. 80% of jobs in the UK are desk-based, the majority of which can be done from anywhere, any …
Tesco focuses on pension scheme members’ retirement outcomes
WEBAug 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 …
Long Service Awards: what’s the best approach for my business?
WEBJun 26, 2018 · Payments for 20 years’ service are also worth £300 at the median, although in one organisation this rises to £7,500. Other generous awards include one month’s salary, and four weeks’ paid leave. One organisation gives employees £200 to donate to a charity of their choice. Among the handful of organisations marking 50 years, the typical ...
Buyer's guide to long-service awards - Employee Benefits
WEBNov 29, 2010 · More typically, awards are made after five, 10, 20 and 25 years. Values vary widely, although £10-£15 per year of service is a common benchmark. HM Revenue and Customs permits non-cash benefits of £50 per year of service to be completely free of tax and national insurance (NI) for service of more than 20 …
Travis Perkins moves benefits online to enhance employee …
WEBSep 11, 2018 · Travis Perkins moves benefits and reward online to enhance employee experience. Over the past three years, builders’ merchant and home improvement retailer Travis Perkins has engaged in a long-term project to move its HR and payroll systems, including recognition awards, away from a manual, paper-based and administration-heavy in-house system ...
UK Workplace Pension Regulations: What Every Employer Should …
WEBAug 22, 2023 · Of this, employers must fund at least 3%. Typically, the breakdown is 4% from the staff member, 3% from the firm, and 1% as tax relief. Using an annual salary of £50,000 as an example: • £208.33 from the employee (including of tax relief) • £125 from the employer. Yet, employers might opt to exceed the 3% benchmark.
The benefits offered by Royal Mail
WEBMay 1, 2019 · Royal Mail’s enhanced sick leave policy provides six months of leave at full pay in any calendar year. Further sick leave of up to 12 months in any four-year period is at half pay, and any additional leave after this is paid at statutory rates. A bikes-for-work scheme. An employee assistance programme (EAP).
The benefits offered by Natwest Group - Employee Benefits
WEBAug 25, 2020 · The benefits offered by Natwest Group (previously RBS Group): Pension. Trust-based defined contribution (DC) pension scheme; employees are awarded 10% of their salary as pension funding. Save More Tomorrow initiative which automatically increases pensions contributions by 1% each year. …
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