How do you process pension deductions?
This is a 7% uplift from last year’s figures, despite NMW / NLW increases
45% Relief at source (RAS)
38% Net pay arrangements
76% Salary sacrifice arrangement
What % of staff use salary sacrifice for pension contributions?
31%
Percentage of staff that use salary sacrifice for pension contributions: ● 34% have between 1 – 50 percent of staff ● 54% have 51 – 100 percent of staff ● 12% stated ‘Other’, and added comments: ❍ This option has reduced as the government has increased NMW and NLW ❍ Don’t operate a salary sacrifice pension scheme.
20%
14%
12%
9%
8%
6%
1 – 10
11 – 30
31 – 50
51 – 70
71 – 90
91 – 100
Other
27
Percentages have been rounded to the nearest whole number for clarity and in some instances may not total 100%
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