A telling off

Right, today I'm putting on my schoolmaster's hat and sending you to detention, your punishment is to write out a hundred times "I will start to plan my auto-enrolment early enough".

We're now entering the busiest part of 2014 – for me & my team there won't be much free time between now and August. The workload is planned and we know what we have to do to look after our existing clients, but it's the new clients who present us with a problem.

So many employers have simply not left enough time to prepare – two weeks before the February 1^st staging date and I was sitting with employers who haven't even started their planning – you might need to implement a new pension scheme, review employee contracts, change your payroll process. Two weeks isn't enough to make any of those changes.

Please do yourself (and your auto-enrolment consultant) a favour – start your planning at least three months before your staging date.

 

Rob Barksfield

Auto-enrolment Consultant

Telephone: +44 (0)20 7893 3972

Email:  contactus [@] broadstoneltd.co.uk

Auto-enrolment Isn’t Just For Christmas.

A short one to tide you over until New Year.

Do you know your Staging Date? Great, now you can (almost) forget it again!

In my opinion, Staging dates should be renamed as ‘Starting Dates’.  

So many of the employers that we meet seem to think once they reach their Staging Date and go through the initial auto-enrolment, then that’s the end of it!

If this was the case then things would be simple but unfortunately this is not the case as it kicks off a whole new way of thinking when looking at your internal procedures.

Auto-enrolment and in particular your Staging Date signifies the beginning of changes to each and every one of your company’s future payroll processes and MUST become part of the everyday business as usual process for payroll, HR & finance.  

You  therefore need to appreciate this and in turn have a full understanding of the long term impact of what will be required going forward ensuring you have put in place robust processes to help you manage the correct outcomes to meet the legislative requirements.

Rob Barksfield

Auto-enrolment Consultant

Telephone: +44 (0)20 7893 3456

Email:  contactus@broadstoneltd.co.uk