Interesting to see the variety of topics which caught the eye of each contributor. My views understandably followed the health and benefits messages and the positive impact we (the employee benefits industry) will continue to have on employee productivity and business efficiency. Personnel Today https://lnkd.in/eXZiYFiu
David Williams’ Post
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Is superannuation paid on workers compensation payments in NSW? CO Carroll & O'Dea MORE Should superannuation contributions continue to be made when receiving workers compensation payments? It depends. Australia Employment and HR Photo of Scott Dougall AUTHORS Superannuation and workers compensation are two separate entitlements, but the question often arises whether superannuation contributions should continue to be made when an employee is receiving workers compensation payments. In New South Wales (NSW), the answer to this is not straightforward, and depends on various factors such as the nature of the worker's employment agreement, the specific award they are covered under, and whether they are able to return to work in some capacity.
Compensation for employee's injury in her own home
mondaq.com
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Is superannuation paid on workers compensation payments in NSW? CO Carroll & O'Dea MORE Should superannuation contributions continue to be made when receiving workers compensation payments? It depends. Australia Employment and HR Photo of Scott Dougall AUTHORS Superannuation and workers compensation are two separate entitlements, but the question often arises whether superannuation contributions should continue to be made when an employee is receiving workers compensation payments. In New South Wales (NSW), the answer to this is not straightforward, and depends on various factors such as the nature of the worker's employment agreement, the specific award they are covered under, and whether they are able to return to work in some capacity.
Is superannuation paid on workers compensation payments in NSW?
mondaq.com
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I’ve already had two conversations today with clients on how we can help them with salary sacrifice schemes and recognition. The link to the ebook below could be interesting for you……
The real cost of the UK Autumn Budget isn't what you think. Everyone's talking about: 1️⃣ 15% Employer NI (up from 13.8%) 2️⃣ £12.21 National Minimum Wage 3️⃣ £40bn in tax rises But here's what smart employers are focusing on instead: → Salary sacrifice opportunities → Recognition programme optimisation → Strategic benefit redesign Because when employer costs go up, you need more than just budget cuts. You need a smarter approach to employee experience. We've broken down exactly how leading companies are turning these challenges into opportunities. https://lnkd.in/eJ85Dd2V #UKBudget #HR #EmployeeBenefits
Autumn Budget: Summary for employers, employees & benefits | Reward Gateway UK
rewardgateway.com
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The real cost of the UK Autumn Budget isn't what you think. Everyone's talking about: 1️⃣ 15% Employer NI (up from 13.8%) 2️⃣ £12.21 National Minimum Wage 3️⃣ £40bn in tax rises But here's what smart employers are focusing on instead: → Salary sacrifice opportunities → Recognition programme optimisation → Strategic benefit redesign Because when employer costs go up, you need more than just budget cuts. You need a smarter approach to employee experience. We've broken down exactly how leading companies are turning these challenges into opportunities. https://lnkd.in/eJ85Dd2V #UKBudget #HR #EmployeeBenefits
Autumn Budget: Summary for employers, employees & benefits | Reward Gateway UK
rewardgateway.com
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One of the more common issues for businesses is expressing the true value for the benefits they offer. Do employees know that 30% of your average compensation is your benefits?? If you are a numbers person, like me, then this a great chart showing the average hourly cost for benefits and wages for employees. https://lnkd.in/gVuRhSTY
Compensation costs for civilian workers averaged $46.14 per hour worked in March 2024
bls.gov
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The Minister for Workplace Relations and Safety has announced an opportunity for public input on proposed changes to the Holidays Act. This is your chance to influence the future of leave entitlements for NZ employees. 📌 Key Points: 🔹 Targeted Consultation: Open until July 8th 2024 to register your interest 🔹 Goal: Simplify administration for businesses while ensuring fair entitlements for employees. 🔹 Who Can Participate: Businesses of all sizes, payroll providers, HR professionals, legal experts, and employees across diverse sectors. 🔹 Proposed Changes: ➡️ Pro-rating Sick Leave: Pro-rating sick leave would reflect the proportion of hours an employee works, resulting in part time workers receiving less sick leave. ➡️ Streamlined Leave Calculations: Simpler methods for calculating leave would mean not having to access data on daily work hours. ➡️ Clearer Annual Leave Accrual: The weeks-based accrual system would replace the weeks-based entitlement for simpler processing. ➡️ Clear criteria for Pay-as-you-Go: Criteria would clearly define pay-as-you-go eligibility for annual leave, and the review process would be streamlined. ➡️ Focus on Full Pay Periods in 13-week reference periods: Only full pay periods would be included in 13-week reference periods. Get involved & have your say! To learn more and register for the targeted consultation click the link below. #HolidaysActReform #NZLeaveEntitlements #TargetedConsultation
Holidays Act reform
mbie.govt.nz
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📢 Employment Experts React to Rachel Reeves' Budget 2024 📢 Curious about how these changes might impact your business? Check out the full article. https://lnkd.in/eb6J4AAy #HR #Employment #Budget2024 #BusinessInsights #StayInformed
Employment experts react to Rachel Reeves’s Budget
https://www.personneltoday.com
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January 2024 introduced new rights for employees in relation to their annual leave. Instead of the usual entitlement for employers to invoke ‘use it or lose it’ within a leave year, it’s now subject to certain conditions. Don’t know what the rules are? Take a look at our latest blog for an easy-to-understand overview of what they mean for you as an employer. If you’re an #employer, are your policies and procedures up-to-speed? #Payroll #Employer #LimitedCompany https://lnkd.in/eXS4RqQJ
New Rules for Employers: Carryover of Leave
https://partneraccountancy.co.uk
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📢 Budget 2024: Key HR Takeaways 📢 Today's budget announcement has important implications for HR teams and organisations alike. Key areas of interest include wage support, training incentives, and mental health funding – all of which affect our strategies for employee engagement, retention, and development. Here’s what HR professionals should focus on: 💷 Wage Growth & Support: Evaluate wage adjustments to stay competitive, especially with new funding in key industries. 📈 Upskilling & Training Incentives: Take advantage of grants and incentives to expand skill development programs and support a future-ready workforce. 💚 Mental Health Investments: Leverage increased mental health funding to enhance employee wellness initiatives, fostering a healthier, more resilient workforce. Now's the time to align budgets with these priorities and maximise the support available for our people and businesses! #HR #Budget2024 #PeopleFirst #WorkforceDevelopment https://lnkd.in/e5FEqGcA
Autumn budget 2024: what HR needs to know
peoplemanagement.co.uk
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Head of Employee Benefits, UK & Europe
1moDavid Williams as with all budgets, the devil is in the detail, but the move into Prevention is something that Group Insurers can play a massive part in. MetLife UK YuLife