1 week
2 weeks
4 weeks
1 Month
3 Months 6
Months £4,720
Automatic enrolment Earnings trigger
£182
£364
£727
£787
£2,360
£9,440
Qualifying earnings
£109
£218
£436
£473
£1,417
£2,834
band lower limit
£5,668
Qualifying earnings band upper limit £41,450 pa
£797
£1,594
£3,188
£3,454
£10,363
£20,725
PREPARING FOR AUTO ENROLMENT - USE PAYSLIPS TO GET THE MESSAGE ACROSS
6 March 2013
Following the publication of research which showed that 86% of all employees check their payslips, Edinburgh University used this vessel as one its methods of publicising news of Auto Enrolment.
As reported in Pensions Week Edinburgh University, who began Auto Enrolment this month adopted Twitter-esque brevity to help get the message across.
“ We didn’t have many characters to work with, it was only about two or three sentences ,” the university’s assistant director of finance, Terry Fox, told PW.
The employer used this to get across the basic message: if you meet the criteria and you’re not in a scheme already, there will be deductions in your pay – if you need further information, go here. For those of us that report on the complexities of workplace reform and the innovation that drives its communication, it is refreshing to consider the demands of fitting such an important financial event into a plain, unformatted box. And to think of all those hours spent crafting that introductory video, now sitting on your intranet awaiting its audience. “ No matter how much you do verbally, or by email or sending letters to people, there will be some who don’t read it because it says pensions at the top ,” Fox warns. There are proponents for bite size communication. In November, charity Age UK called for a “drip-drip” approach to communication, arguing there was a limit to how much financial planning information people could take in.
CIPP Policy News Journal
16/04/2014, Page 374 of 519
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