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UK private medical insurance costs expected to increase by 12.6
Nov 21, 2024 · UK private medical insurance costs are expected to increase by 12.6% in 2024, higher than the global average and three percentage points above the European average, according to research by global advisory, broking and solutions firm Willis Towers Watson (WTW).. According to the WTW Global medical trends survey, UK private medical inflation has been consistently higher than the European ...
Encirc rolls out personalised employee wellbeing development …
Jul 8, 2024 · Glass container design, manufacturing, bottling and logistics firm Encirc has introduced a personalised development platform for wellbeing to its employee benefits package.. The firm, which operates for the UK, Irish and European food and beverages industries, employs almost 2,000 staff across its three sites in the UK, which include Derrylin in Northern Ireland, Elton in Cheshire, and ...
King's Speech introduces mandatory ethnicity and disability pay ...
Jul 17, 2024 · The government is set to bring in legislation to introduce mandatory ethnicity and disability pay gap reporting for organisations with more than 250 employees.. It is planned that the measure will be brought in under the draft Equality (Race and Disability) Bill announced in the 2024 King’s Speech at the State opening of Parliament.
Autumn Budget 2024: Employment allowance to double and …
Oct 30, 2024 · Autumn Budget 2024: The government is to increase the employment allowance from £5,000 to £10,500 and remove the £100,000 threshold from April 2025.. Chancellor of the Exchequer Rachel Reeves announced these measures in the Autumn Budget.
Cadbury wins praise for its employee recognition strategy
May 22, 2009 · Cadbury has been named as one of the the top 50 best workplaces in the UK because of its employee recognition practices. The global confectionery company, which employs more than 4,600 UK staff cross a number of sites, won the accolade from global management consultant the Great Place to Work Institute for its recognition schemes which include both formal employee awards and informal rewards.
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The benefits offered by Royal Mail
May 1, 2019 · The benefits offered by Royal Mail:Pensions, pay and group riskRoyal 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 scheme have ...
Buyer's guide to share incentive plans - Employee Benefits
Jul 3, 2023 · What are share incentive plans? Share incentive plans (Sips) were introduced in the UK in 2000 as a type of employee share scheme aimed at helping employees, who can purchase shares or be awarded free shares in the company, to save in a tax-efficient way. By promoting employee ownership and participation, Sips can help to align the interests of employees with the long-term success of the company.
Global bonus schemes | Analysis | Employee Benefits
Jul 5, 2010 · If you read nothing else, read this . . .Views on bonuses can differ from country to country, and region to region, as well as between organisations.Labour markets, costs of living and exchange rates must be considered when setting an international bonus structure.Rewarding individuals for the right behaviour as well ...
Higher pension contributions are most desired benefit in 2025
Jan 8, 2025 · Around a third (30%) of employees would like to receive higher pension contributions from their employer this year, according to research by benefits technology provider Zest.. Its survey of 2,000 UK adults also found that this …