The cost of living crisis is becoming hard to ignore. We’re facing higher energy bills, higher food costs, and rising inflation, all of which can pose serious risks to our financial, physical and emotional wellbeing. All of this can have a major impact on performance at work, making it a potential problem for employers. But […]
It’s tempting to think about switching salary sacrifice schemes and running them internally. 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 share our top 4 tips to […]
In salary sacrifice, a person exchanges their pay in return for their employer paying for a benefit, such as a pension contribution. This reduces the employee’s take-home pay but can also lower taxable income, leading to potential tax and National Insurance savings. However, because salary sacrifice reduces gross salary, it can impact other pay-related benefits, […]
We’re delighted to host this piece by Claire Vane. As Managing Director and Founder of HR consultancy Integrated Resources, Claire is an expert in all things ‘people’. In this article, she dives into some of the complexities surrounding salary sacrifice and parental leave, to help employers and prospective parents navigate their choices. You can read […]
Your workplace pension scheme is probably one of the most expensive benefits you offer your employees. In fact, the average employer contributes £1,305 per employee, per year! Because, in most cases, it’s a mandatory expense, many employers don’t even think about whether employees engage with their pension. But leaving it to one side runs the […]
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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).
