Employers plan to fund auto-enrolment from workers or consumers, report says

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 98%

Retirement News

Ireland Latest News,Ireland Headlines

Aon study also says more action is needed to address pensions gap that leaves women at a disadvantage in retirement

Employers say they will pass costs of auto-enrolment on to consumers or to workers by limiting future wage rises. Photograph: iStock

Aon surveyed more than 150 businesses across the State and found that 42 per cent plan to adjust future employee compensation levels to manage the increased costs created by the system, including the contributions required of the employer. Ms O’Mahony said the introduction of auto-enrolment was a “landmark moment” with far-reaching implications for workers and employers.

Ms O’Mahony suggested one way to do so would be for the State to step in and meet employee and employer contributions to auto-enrolment that will be missing due or periods of maternity or parental leave or part-time leave.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in İE

Ireland Latest News, Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Call for more employers to appoint safety representativesThe Irish Congress of Trade Unions and the Health and Safety Authority are calling on more employers across all sectors to appoint safety representatives within their workplaces.
Source: RTEbusiness - 🏆 16. / 61 Read more »

Employers be aware - job interviews are a two-way processEmployees still hold all the cards in an Irish labour market which remains in rude health.
Source: rtenews - 🏆 1. / 99 Read more »

Public and private sector employers urged to ‘work with the strengths’ of people with disabilitiesFórsa trade union conference hears of experiences of woman with hearing loss and man with autism and ADHD identifications
Source: IrishTimes - 🏆 3. / 98 Read more »

70% of employers have staff leave within first year70% of employers have experienced staff leaving within the first year due to being a poor match for the company, new research shows.
Source: RTEbusiness - 🏆 16. / 61 Read more »

Should employers share interview questions in advance?John Lewis is making the process of applying for a job with the UK retailer a lot easier by publishing its interview questions online.
Source: RTEbusiness - 🏆 16. / 61 Read more »

Domestic violence is a workplace issueEmployers can do a lot more to help combat a depressingly persistent problem
Source: IrishTimes - 🏆 3. / 98 Read more »