Under auto-enrolment, both the employer and employee contributions are payable as a percentage of the qualifying earnings of each eligible job holder, unless they have opted out. The percentage paid by each employee can be different but cannot be lower than the minimum level and employers can, of course set their contribution levels higher than the required minimum too,
Both employer and employee contributions start at low levels and will increase over time. Please see the table below:-
| Date | Employer minimum | Employee minimum | Total minimum |
| Until 30.09.2017 | 1% | 1% | 2% |
| 01.10.2017-30.09.2018 | 2% | 3% | 5% |
| 01.10.2018 ongoing | 3% | 5% | 8% |
For more information or advice on auto-enrolment contact our office today for a free initial consultation.