Can an Employer’s pension scheme still attract and retain key employees?
When the Workplace Pension Reforms were first introduced, minimum pension contributions were set that an employer had to pay to their Workplace Pension Scheme, increasing over time. Whilst Auto Enrolment has been the norm for some time now, it’s amazing to think that we have only just reached the first increase in contributions, from 2% […]
3 dates for your diary
The Employee Benefit world is always changing. What changes lay ahead and what do you have to do? Pension Automatic Enrolment Increases to statutory minimums Automatic Enrolment seems to have been a success. A report* by the Department of Work and Pension states that over 9 million people have been enrolled into a work place […]
Salary Sacrifice Changes – 6th April 2017
What is salary sacrifice? Many employers give staff the option to swap a part of their wage in return for a non-cash benefit. As a result of having a lower salary, employees pay less income tax and make lower National Insurance contributions. Likewise, employers save on National Insurance as this is linked to salary. Why […]
