Carl Lamb, managing director of Almary Green Archant Our reader this week is self employed, and wants to know if they need to take out a work, as well as a state, pension scheme? Carl Lamb of Almary Green provides the answers. I’m age 42 and went self-employed in October. I’ve registered to pay National Insurance to make sure I get my stamp for my state pension but do I need to take out a work pension too? I know that company pensions are compulsory now but does that apply to the self-employed?Almary Green Response It’s not compulsory to take out a workplace pension if you are self-employed, so you are not obliged to do so. However, it is really important to think about building a pension pot for your retirement: your state pension will only bring up to around £8,500 per year (based on the maximum entitlement for the current tax year) which is unlikely to meet all your needs in retirement, unless you have already built up a sizeable pension pot while you … [Read more...] about Ask the Expert: I’m self employed, do I need a workplace pension as well as a state pension?
186 employer nomination scheme
As American workers approach this year's open-enrollment season for employer-sponsored health care plans, they can expect the same bad news they've been hearing for years: Workers are once again getting hit with more of the costs of their coverage in the form of higher premiums and higher deductibles. Annual family premiums rose 5 percent to an average of $19,616, the eighth year of increases, according to the 2018 Kaiser Family Foundation Health Benefits Survey released earlier this month. On average, workers contribute $5,547 of the cost of family coverage. Premiums for singles increased 3 percent to an average of $6,896, with workers contributing an average of $1,186. Health care premiums continue to take up more of employees' paychecks, according to Kaiser data. Since 2008, average family premiums have jumped 55 percent, twice as fast as workers' earnings and three times as fast as inflation. Meanwhile deductibles -- the amount patients pay for health care before insurance kicks … [Read more...] about Your employer’s health plan will cost more in 2019
A ward sister at Horton General Hospital has scooped the first award of a prestigious scheme dedicated to recognising the commitment and hard work of nurses and midwives. Louise Garrett had no idea she had been nominated for a DAISY Foundation Award when chief nurse Sam Foster and her colleagues surprised her with the award on her shift on Friday (October 12)A stunned Louise, who works on Oak Ward (Trauma), said: “I was so surprised to be presented with the DAISY award. What an honour and to be the first for the trust and at the Horton makes it extra special.“I’m proud to work with such a great team and to be recognised for the difference I make to people.”DAISY Foundation Awards allow patients, their families, and colleagues to nominate a nurse or midwife who has made a real difference through outstanding clinical care.The awards have been adopted by Oxford University Hospitals NHS Foundation Trust, which runs the Horton General Hospital.Trauma nurse Cora … [Read more...] about Horton nurse wins first award in scheme to celebrate exceptional hospital staff
If you like where you work in the Colorado Springs area, here’s a chance to let the rest of the community know.The deadline to nominate employers in The Gazette’s Best Workplaces program for 2018 is midnight Friday. The program, in its second year, recognizes public and private employers that are creating strong, healthy workplace cultures and environments. Employers can be nominated at gazette.com/best_work_places.This year’s winners will be honored at a Dec. 5 reception at the DoubleTree by Hilton hotel in Colorado Springs, and those employers and other nominees will be recognized in a Dec. 9 Gazette special supplement.The Gazette is sponsoring the program with the Colorado Springs Chamber of Commerce & EDC, employment website Monster.com and DataJoe, a Boulder data collection and analysis firm.“The Pikes Peak region has a vibrant business community and many outstanding companies,” Gazette Publisher Dan Steever said. “One characteristic of a … [Read more...] about Like the way your employer does business in Colorado Springs? Nominate your company as a Best Workplace
Employers who have failed to pay the minimum wage have been named by HMRC. Picture: Dominic Lipinski/PA Wire Just under 240 employers have been “named and shamed” in the latest minimum wage underpayment list from HM Revnue and Customs. Here is the full list. Read more about the East Anglian employers named in the list here. 1. Sportswift Limited, trading as Card Factory, Wakefield WF2, failed to pay £430,097.87 to 10,256 workers, with average arrears of £41.94 per worker 2. T.J. Morris Limited, trading as Home Bargains, Liverpool L11, failed to pay £272,228.44 to 6,743 workers, with average arrears of £40.37 per worker 3. John Stanley’s Care Agency Limited, Tendring CO7, failed to pay £60,056.80 to 91 workers, with average arrears of £659.96 per worker 4. Fosse Healthcare Limited, Leicester LE4, failed to pay £50,170.06 to 185 workers, with average arrears of £271.19 per worker 5. ASAP 24/7 Ltd, Newcastle-under-Lyme ST5, … [Read more...] about Employers named and shamed for underpaying staff – the full list