HR

Workplace Pensions Checklist

No matter what the size of your business, be it 1 or 1000+ employees, as a UK employer you are legally required to automatically enrol staff into a pension scheme, assuming they meet certain criteria.

Automatic enrolment applies to all workers between the ages of 22 and state pension age if they earn over £833 per month. Workers that fall outside of this bracket have the right to opt in to the scheme.

Automatic enrolment is being implemented in stages: it started with larger employers in 2012 and is being rolled out to all employers by 2018, so even if you’re not part of it already, it’s essential you start preparing.

Checklist:

  • Establish your staging date
  • Nominate a point of contact
  • Choose a pension scheme, or check that your current scheme complies with the regulations
  • Assess your staff for eligibility for automatic enrolment or those who can opt in
  • Establish costs (for registration and contributions)
  • Enrol your staff
  • Communicate to staff

If you fail to comply, the Pensions Regulator has a number of civil and criminal enforcement measures at its disposal ranging from a friendly warning, through to civil action in the court.

Our Park City Consultants can help set you on the right path. We can review your current benefits package, update your company policy in your staff handbook and update your employees’ contracts.

Comprehensive information about automatic enrolment and the steps you need to take to be ready can be found on the Regulator’s website (www.tpr.gov.uk)

For expert advice, contact one of our Park City HR Consultants.

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Saul HunnaballSaul Hunnaball
15:44 12 Aug 22
We have worked with Park City for our HR and Health and Safety support for many years now and have always received an excellent service.Carley is our Consultant and she is always so helpful, as are... her colleagues when she is unavailable.I would highly recommend Park City.read more
Lea CuttingLea Cutting
08:31 27 Jul 22
Park City have worked with us for many years, advising and guiding us regarding HR and Health & Safety, along with supplying valuable training.We work with many people in several areas of expertise,... Sara Godfrey, Jennie Galione, Ashley Williams, Sam Parcell, Stephanie Devans, Poppy Hayhoe.They build confidence within our company and are always available with support and advice.They provide a consistent, professional, hands-on service, second to none!Thank you from DH Industries Limited.read more
Vikki PringleVikki Pringle
11:12 20 Jul 22
The team at Park City offer us the right level of service needed to confidently run a small business. They keep us up to date with UK policy HR requirements, help us manage any staff changes or... issues and policy documents. The team are informed, friendly and remain professional in my experience.read more
Tracy MeadTracy Mead
07:12 20 Jul 22
The DS Group have been working with Park City now for a number of years and we have found their HR services to be invaluable. The service received is always to the highest professional standards and... they have assisted our business in becoming more efficient and effective in all HR matters.My consultant Sam Parcell is always on hand to help answering any questions quickly and professionally and she offers vital guidance, advice and support to us.We as a company will continue to use Park City’s services for many years to come and we cannot recommend them enough!Tracy Norton-Mead, Operations Director at the DS Group.read more
Katie HerbertKatie Herbert
13:35 07 Jul 22
We have worked with Park City for almost 10 years and have built up a great professional relationship over the years. The team are so friendly and helpful, and nothing is ever too much of an ask for... any of them. Our main HR contact is Carley, who is lovely, and she is very prompt in dealing with any queries we have regarding our 100+ staff. We would highly recommend their services for any local business.read more
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