Providing updates on all of the elements that make up an employee's total reward - how that is benchmarked, structured, designed and delivered.
This page is concerned with all of the elements that make up an employee's overall reward package - how that is benchmarked, structured, designed and delivered.
We focus not only on the regulatory environment in the UK - as it impacts the tax/NIC efficiency of certain benefits, e.g. cash and share based incentive schemes, pensions, company cars, holiday, mileage allowances, etc. - but also on providing insight around governance and regulation affecting decisions around reward. We also consider issues such as Total Reward and Flexible Benefits as ways of constructing and communicating reward to employees.
If you want to know more, or would like us to consider any particular topics, please get in touch.
HMRC have announced certain changes to their proposals to extend the disguised remuneration rules.
The UK Government has issued its Green Paper setting out proposed updates to the corporate governance framework.
There were a number of updates from a people and pay perspective, following on from the latest round of consultations, together with the announcement of plans for further reviews and calls for evidence in 2017. From an employers' perspective, the main developments were centred around salary sacrifice, IR35, PAYE settlement agreements, and termination payments.
Mike Shimwell considers the interaction of the regulatory and legal environments to draw some conclusions on pension scheme funding in the current environment.
With pension schemes wondering if things can get any worse, we look at the market and wonder if things can get any better.
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