Enter your Total Payroll & Number of Employees to calculate your Estimated Annual Costs.
|Total Payroll (£)|
|No. of Employees|
Estimated Annual Costs
This cost calculator is designed to be quick and easy to use. It shows you the pension contribution minimum for employers and employees based on Qualifying Earnings. Qualifying earnings are the earnings between a lower and upper limit. For 2013/14 these limits are £5,668 and £41,450 respectively.
There are three alternative earnings basis for employers to choose from. We can show you the cost of each basis to help you judge which is right for your business.
All companies with 30 or less employees are now nearing their Staging Date for implementing a Workplace Pension Scheme. Do you know your staging date?