CORONAVIRUS:   Lawson-West Solicitors is ‘Open for Business’ and here to help you with your legal needs.

Find out more

CIPD urges SMEs to plan ahead for auto-enrolment

The Chartered Institute of Personnel and Development has urged SMEs to plan ahead for auto-enrolment to pension schemes to avoid unnecessary costs and also guarantee they get access to the best advice and pension schemes.

A recent CIPD report, Pensions auto-enrolment: the lessons for SMEs, warns that any company staging in 2014 needs to start preparations now to overcome the challenges associated with limited resources.

CIPD performance and reward adviser Charles Cotton explained of SMEs: "They are unlikely to have access to the same levels of expertise or support networks as their larger counterparts, and many fear it could be a costly exercise for their business."

The study undertakenfound many SMEs are afraid that it will be difficult to absorb both the administrative costs of adopting auto-enrolment and the cost of their employer contributions.

More than a quarter anticipate they will need to reduce salary increases, with 22% expecting to need to implement a pay freeze in order to cope with the costs.

For information on employment law and your obligations please contact Vaishali Thakerar at Lawson-West on 0116 212 1000.

View all

Coronavirus:  We are pleased to announce we are Open for Business

Even during Leicester’s most recent, extended lockdown, you can be assured that it is ‘Business as Usual’ at Lawson-West and we're here to help you with your legal needs. 

We are driven by our commitment to help others. We are here. For you.

At this time, please contact us by telephone, website enquiry or email.
We’re here to help:

4 Dominus Way, Meridian Business Park, LE19 1RP           Tel: 0116 2121000

44 Long Street, Wigston, LE18 2AH                                              Tel: 0116 2121080

Market Harborough
Millers House, Roman Way,
Market Harborough, LE16 7PQ                                                        Tel: 01858 445480



Close this message