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Pay and benefits

Many businesses do not take a broad view of the total cost of employment. Pay is typically only 65% or less of the total cost. The provision of benefits can be expensive and either invisible to employees or not always appreciated by them.

Use our guides to consider the wide range of benefits options possible. Also see below for what's new!
 
National Minimum wage (NMW) Paid up members, or Pay as you go.
Itemised pay statements Paid up members, or Pay as you go.
PAYE and Income Tax Paid up members, or Pay as you go.
National Insurance Contributions (NICs) Paid up members, or Pay as you go.
Deductions from pay Paid up members, or Pay as you go.
Attachment of Earnings Orders (AEOs) Paid up members, or Pay as you go.
 
Elements of a reward package Paid up members only.
Factors that influence pay levels Paid up members only.
How to undertake a pay review Paid up members only.
Job evaluation Paid up members, or Pay as you go.
Equal pay for equal work Paid up members, or Pay as you go.
Equal pay audits Paid up members, or Pay as you go.
Sick pay (including Statutory Sick Pay) Paid up members, or Pay as you go.
Pension schemes - general overview Paid up members, or Pay as you go.
Pensions - stakeholder pensions Paid up members, or Pay as you go.
Pensions - Personal Accounts schemes Paid up members, or Pay as you go.
the National Employment Savings Trust (NEST) Paid up members, or Pay as you go.
Pensions - occupational and personal pension schemes Paid up members, or Pay as you go.
Working Time Regulations (WTR) Paid up members, or Pay as you go.
(for information on statutory holiday entitlements)
Sales commission schemes Paid up members, or Pay as you go.
Standby and callout arrangements Paid up members, or Pay as you go.
Bonus schemes Paid up members, or Pay as you go.
Flexible (or cafeteria) benefit schemes Paid up members, or Pay as you go.
Childcare vouchers Paid up members, or Pay as you go.
Cycle to work scheme Paid up members, or Pay as you go.
Employee assistance programmes ("EAPs") Paid up members, or Pay as you go.

 

 
Pay documents

 
What's new?
  • HMRC advisory rates for company car users: revised rates apply from 1 June. New rates for those on Jury service also apply from 1 June. See: key statistics
  • Fit notes: GPs' sick notes have been replaced by "fit notes" which may indicate that an employee can return to work, provided the suggested advice is followed. The latest CBI/Pfizer survey reports the lowest rate of absence since the survey began in 1987 - an average of 6.4 days per employee per year. See: absence Paid up members, or Pay as you go.
  • National Minimum Wage: the increases for October 2010 have been announced, together with changes in the age bands. See: key statistics
  • State Pension age: the Government is consulting on whether to increase this to age 66 at an earlier date than previously planned. See: pensions Paid up members, or Pay as you go.
  • Flexible working: a PricewaterhouseCoopers survey concluded that 47% of the UK professionals surveyed rated flexible working arrangements as their most important benefit. See: flexible working schemes
 

 
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Last updated 2010/07/26 13:08 © BusinessHR 2000-2010. All documents provided subject to our Terms & Conditions.
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2010-07-30 00:49:40   Print this page