Time strapped? Key takeaways from the blog: From April 2025, employer NI contributions rise to 15% (from 13.8%) with a new £5,000 threshold The average business faces increased costs of around £900 per employee annually Implementing salary sacrifice through Maji can reduce these increased NI costs by 30-60% Quick implementation means you can start saving […]
For employers, supporting financial planning in the workplace is a powerful way to create a more engaged, productive, and resilient workforce. By empowering employees to take control of their finances, you’re not just helping them individually – you’re strengthening your organisation as a whole. Financial planning is a critical building block of financial wellbeing. The […]
As the Chancellor announced an increase in National Insurance (NI) rates from 13.8% to 15% on 30 October 2024, many employers are facing higher costs on the horizon. But there’s a silver lining: salary sacrifice schemes can offer significant savings opportunities for your business, helping to offset these new expenses and keep costs neutral. Here’s […]
As the Chancellor announced an increase in National Insurance (NI) rates from 13.8% to 15% on 30 October 2024, many employers are facing higher costs on the horizon. But there’s a silver lining: salary sacrifice schemes can offer significant savings opportunities for your business, helping to offset these new expenses and keep costs neutral. If […]
We are fast approaching the annual celebration of UK Savings Week and UK Pension Awareness Day. It would be remiss of us not to acknowledge the current financial landscape; where many of your employees are struggling to save due to rising costs of living. Yet, the importance of saving for retirement through pension contributions remains […]
At Maji, we’re proud to support forward-thinking companies in supporting their employees with financial wellbeing. We also help them make a tangible financial difference to their companies and their employees’ payslips through salary sacrifice (otherwise known as salary exchange). We’d like to highlight two case studies from the tech sector that showcase the benefits of […]
ESG and sustainable investing in a nutshell It’s easy to get jargoned-out when learning about investing, but ESG is one acronym you might want to remember. So, what is ESG investing? It’s also known as ‘sustainable’ or ‘responsible’ investing, but the ESG title (Environmental, Social and Governance) helps to pin down what that covers in […]
By Catherine Thomas-Humphreys (www.thefinfluencer.co.uk) Think of an investing platform simply like a financial supermarket. In the same way you go to Tesco to buy all your food, you go to a platform to buy your investment account and then the investments within that account. It’s an online service that an investor can use in order […]
The National Minimum Wage (NMW, or sometimes known as National Living Wage) was introduced in 1999, and it’s since helped millions of people by raising their pay (without destroying job opportunities, as some naysayers feared). But workers on or near NMW are missing out on a benefit their higher-earning colleagues are taking advantage of. You […]
It’s tempting to think about implementing salary sacrifice without any external help. After all, what could be so hard about getting people to take part in a scheme that saves them money? But going it alone can be stressful and lead to poor results. In this article, we set out four top tips to get […]
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Maji is the trading style of Maji Financial Wellbeing Ltd, a company registered in England and Wales (Registration no. 11937232). Maji Financial Wellbeing Ltd is registered with the Financial Conduct Authority (Registration no 969225) as the PSD agent of Bud Financial Ltd (Registration no 793327).
