Lowering Costs

Salary sacrifice (or exchange)
This is a government-approved process that's been used by many large employers. In short, by reducing the employee’s salary by the amount of their pension contribution, national insurance contributions aren't payable on the amount of salary given up or ‘exchanged’. Both you and your employees are better off as a result. Take a look at how much you could save:

Annual Employer Pension Cost Savings



  
Postponement 
You can choose to delay when you start auto enrolment by up to three months. Not just at outset, but also for all new employees. This can create significant cost savings too:
 
The examples shown here are based on employees earning national average earnings with minimum contributions for auto enrolment being paid. 





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