Workplace Pensions, also known as Auto Enrolment, is a government-mandated programme that requires all employers to set up a voluntary pension plan for their workers. You’ll have to analyze the workers every time they get paid, and if they meet the requirements, you’ll have to enrol them in the company pension.
To stay in compliance with the law, you’ll still have to make pension payments on their behalf and keep certain documentation.
We are pleased to provide the following services as part of our full Auto Enrolment solution to help you fulfil your obligations and relieve the regulatory burden:
Whether you are a small, medium or large business, you cannot avoid Auto Enrolment. Even if you employ just one person, you’re obligated to provide a workplace pension. Managing Auto Enrolment is a time-consuming process that adds additional costs to your business and uses up extra resources.
After all, there is a lot to do. Auto Enrolment involves assessing employees to determine who all are eligible, selecting a pension provider, and timely completing all the related tasks. The entire process can be cumbersome and stressful. And rushing through it at the last minute makes your business vulnerable to errors.
Even once you have completed your original staging date and set up your pension, the work doesn’t stop. You have to carry out re-assessments, recalculations, include opt-ins and exclude opt-outs. Moreover, keeping up with paperwork and maintaining clear records is also extremely arduous.
Carrying out these administrative tasks can keep you from focusing on core operations. Why risk that? dhPayroll is happy to take over Auto Enrolment responsibilities and free up your resources. We are a team of qualified experts that will be able to complete your monthly pension obligations alongside your payroll processing. You can rely on us to run your pension in line with Auto enrolment regulations , so Let us give you a helping hand to set up pension plans and processes.
If you had like us to contact you to answer any further queries you may have, or to arrange a no obligation initial meeting, please contact us.
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