I know that we have sent out emails regarding your staging date before but this article just shows the small amount of businesses that are acting on what needs to be done.
Research published by the Pensions Regulator has revealed that only 29% of employers who have a staging date for pension auto-enrolment in 2016 are aware of when that date is. An employer’s staging date is the date that their statutory pension auto-enrolment duties come into effect. The Pensions Regulator estimates that 1.8 million employers will have staging dates within the next two years. Guidance issued by the Regulator recommends that employers should allow up to 12 months in advance of their staging date to prepare for pension auto-enrolment. The Regulator has issued a warning to employers to check when their staging date is.
For more information about auto-enrolment and your staging date CLICK HERE
If you are unsure of what is involved in processing auto enrolment and currently do your payroll in house. For as little as £21.00 a month we could process your payroll for you and get you ready for Auto enrolment with our range of packages to suit everyone’s needs.
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