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)
Itemised pay statements
PAYE and Income Tax
National Insurance Contributions (NICs)
Deductions from pay
Attachment of Earnings Orders (AEOs)
Elements of a reward package
Factors that influence pay levels
How to undertake a pay review
Job evaluation
Equal pay for equal work
Equal pay audits
Sick pay (including Statutory Sick Pay)
Pension schemes - general overview
Pensions - stakeholder pensions
Pensions - Personal Accounts schemes the National Employment Savings Trust (NEST)
Pensions - occupational and personal pension schemes
Working Time Regulations (WTR) (for information on statutory holiday entitlements)
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Fit notes: GPs' sick notes have been replaced by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
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
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
