Forties People
The recruitment agency with a mature outlook and an innovative approach!
| Register with Us |
| Search for a Job |
| Find Jobs in London |
| Find Jobs in Hertfordshire |
| Candidate Login |
| Your Feedback |
No Placement No Fee
Our service doesn't cost you a penny unless we find you the right candidate
| Women could fail to benefit from auto-enrolment |
 |
 |
 |
 Part-time staff recruitment in London and other cities could fail to benefit from auto-enrolment if it is linked to income tax, the TUC has said.This will largely affect women who receive pay between the lower limit of the earnings band (£5,564) and the income tax threshold (£7,475). According to the TUC, since the government plans to increase the income tax threshold to £10,000, linking auto-enrolment will be "damaging" and prevent around two million women from being auto-enrolled into pensions. Auto-enrolment is due to be implemented later this year. It will require employers to automatically pay staff's wages into a pension plan. Employees will therefore have to physically opt-out of the scheme. Recommendations from the TUC would see the earnings band increase only if the upper limit is raised to £42,475, keeping the link with the National Insurance Contributions upper earnings limit. "The government should use its review of the thresholds to widen the earnings band each year by freezing the lower limit, while increasing the upper band limit in line with earnings," stressed TUC general secretary Brendan Barber. "This would give a small manageable increase in the earnings band each year. It's the pensions equivalent of fiscal drag - raising more tax by freezing tax thresholds." Posted by James Strang 
|
Latest Recruitment News
-
How important are bonus incentives to executives?
(Tuesday 22 May 2012) -
Senior employees call for flexible working
(Monday 21 May 2012) -
Older workers more likely to work from home, survey finds
(Friday 18 May 2012) -
Businesses urged to consider advantages of flexible working
(Tuesday 15 May 2012) -
Queen's speech reveals changes to parental leave
(Friday 11 May 2012)
Archive News
-
New Recruit May 2012
03-May-2012 -
New Recruit April 2012
03-April-2012 -
New Recruit March 2012
12-March-2012 -
New Recruit February 2012
02-February-2012 -
New Recruit December
05-December-2011