The Government has published a revised staging timetable for when employers of all sizes must start enrolling their staff in a workplace pension scheme. Starting from 1 October 2012, and depending on PAYE scheme size and reference, employers will be obliged to enrol eligible employees automatically, and make mandatory employer contributions, into a qualifying workplace pension scheme or the National Employment Savings Trust (NEST). Employers will be given a date from which they must auto-enrol (called their staging date) by the Pensions Regulator.
The Government previously published a staging timetable, which set out the dates by which employers must begin to auto-enrol. However, the Government has now published a revised automatic enrolment staging timetable. This follows its announcement in November 2011 that it would revise the original timetable so that small businesses (i.e. those with fewer than 50 employees) would be given more time to prepare and would therefore only begin automatic enrolment from May 2015, instead of the previously intended timing of April 2014. Under the revised timetable, there is no change to the staging dates of large employers with 250 or more employees.
Under the staging timetable, all existing employers will have enrolled their staff by April 2017, followed by all new employers by February 2018. The level of pension contribution will be phased in over time to help employers and workers adjust. Full contributions will have to be paid from 1 October 2018.
Source Federation of Small Business0
What do you think Mental Health first Aid is? When I tell people I am a Mental Health first Aid instructor, I often get asked, “Are you a counsellor” or “Are you a psychologist?” Mental Health First Aid (MHFA) is not about fixing people. It is not about being a therapist. Regular (physical) First Aid[…..]
This summer, more than 300,000 people were put at risk of redundancy as UK businesses struggled to survive the impact of the Covid-19 pandemic. Figures from the Insolvency Service, requested by the BBC, showed that companies across the country had reportedly filed 305,427 positions at risk of redundancy. This figure is almost seven times higher[…..]
COVID-19 has changed the working world beyond all recognition. Just last year, we were recruiting for jobs in Basingstoke in a candidate-led market, where applicants were spoilt for choice and employers had to fight to pin down the best talent. Fast forward to summer 2020, and the tide has certainly turned… Businesses whose profits have[…..]
Like many companies, lockdown made us reconsider how we work. Not shy of adventure, we were hot off the press in finding and sharing new ways to keep productive and stay keep connected to our team, customers, and candidates. Our new working solutions have worked so well that it got us pondering…Do we really need[…..]
Part of our culture at Wote Street is about giving back. Our core values are: we listen, we consult, we care and that fits perfectly with all of the charities and community groups we support locally. The Pink Place – supporting people affected by cancer Basingstoke Consortium & Skillstree – helping young people to gain[…..]