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With more than eight million people now automatically enrolled into a workplace pension in the UK, we were interested to find out what employees and employers really thought about pensions as a workplace benefit.
On behalf of The People’s Pension, YouGov carried out online surveys with 500 human resources decision makers and over 1,000 employees in the UK, between 31 August and 8 September 2017.
The research has revealed that employer pension contributions are amongst the most valued employee benefit, yet around half of businesses are failing to realise their worth. This means employers could be missing a trick with how their workplace pension scheme can help to attract and retain employees:
Our research highlights how employers can play a significant role in helping their staff maximise the value of their pension savings but also benefiting their business by helping them to recruit and retain staff.
The People’s Pension is therefore encouraging businesses to get the full value from their pension contributions by: