https://www.proz.com/kudoz/english/law-general/6499025-nice.html?phpv_redirected=1&phpv_redirected=2
Apr 17, 2018 11:48
6 yrs ago
1 viewer *
English term

NICE

English Law/Patents Law (general)
Payslip

One of the items is as follows
Payments:
basic salary:
holiday alllowance:
Pace % NICE: negative value

What does NICE stand for in this context?
Thank you

Discussion

AllegroTrans Apr 17, 2018:
asker Maybe you could give us a few of the following lines and tell us what country this is from and what kind of employee this is. Thank you
philgoddard Apr 17, 2018:
Asker I understand that Mark's answer relates to employees of the Co-Op Bank in the UK. Is that the case here?

Responses

+2
6 mins
Selected

National Insurance Contribution Efficient Pensions

https://pensions.coop.co.uk/Uploads/Documents/00/00/00/07/Do...


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Note added at 2 hrs (2018-04-17 14:39:29 GMT)
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I think NICE is a general acronym that refers to the way national insurance contributions are related to pensions and other "benefit structures", see here:

https://www.grantthornton.co.uk/people/sharon-gilkes/
Peer comment(s):

agree Jack Doughty
21 mins
neutral AllegroTrans : seems likely but we need context from the Asker
2 days 1 hr
agree Ashutosh Mitra : Looks right in the context
2 days 15 hrs
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Selected automatically based on peer agreement."