I am a fan of pensions and wholly support auto enrolment. Not enough of us have been investing in our retirement pot.
By Simon Stead of Solutions InStead.However, I work with a lot of SME businesses and the question of how to manage the introduction of auto enrolment and its on-going compliance processes has led some of those businesses to rethink the way they approach their resourcing and administration processes.
This kind of business may rely heavily on fixed term and zero hours contract employees and the requirements change daily.
Auto enrolment for some has led to a major rethink about how they recruit and administer their payroll and pensions processes. It has led them to review their labour and administration costs and the option of using external recruitment consultancies and even outsourcing the payroll process itself.
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