The benefits counselor salary comparisons feature allows job seekers to get the information required to make important career decisions and negotiate salary ranges. For additional benefits counselor salary information, we recommend visiting Payscale.com.
â¢ Insured Earnings is the earnings as. described in your policy and used to. calculate your employeeâs benefits. â¢ It can vary depending on the definition. you choose for each eligibility group. â¢ Changes to insured earnings become. effective at the Insured Earnings.
National Insurance earnings threshold. National Insurance is calculated on gross earnings (before tax or pension deductions) above the earnings threshold. For 2015-16 the National Insurance threshold is Â£155 a week or Â£8,060 a year. 1  If you earn above the threshold you pay 12% of your earnings between Â£8,060 and Â£42,385. If you earn above the threshold you pay 12% of your earnings between Â£8,060 and Â£42,385. 2  Anything you earn above Â£42,385 a year, you pay National Insurance at 2%. 3  If your earnings are below the earnings threshold you pay no National Insurance contributions.