Auto-enrolment is intended to help us save a little more for our future. But it seems like the cost of that is being paid now as employers worry that auto-enrolment will cost them a tenth of their payroll
It is a well-known fact that there is a high level of unemployment in the United Kingdom, triggered by the global financial crisis of which began in 2007.
The Government’s plans to auto-enrol employees in their employers pension schemes is intended to reduce the strain on their coffers in years to come. But the initiative has run into something of a stumbling block – half of us don’t even know it exists
In these tough times, lots of small businesses have had to face the inevitable and make cuts to headcount.