Cases of Auto Enrolment Fines increase by over 300%
- Date: Friday 26th August 2016
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Have you heard the recent radio adverts, reminding employers to auto enrol? This is just one of many initiatives the government has launched in order to engage thousands of small and micro employers.
Escalating penalties can be given to organisations that fail to comply with initial warning penalties; these accrue at a daily rate of £50 for micro-employers and £500 for small employers. Since we entered the implementation phase for small employers, the cases of enforcement have increased by 306% so don’t be one of those who will be at the receiving end of fines.
Deadlines for small (5-49 employees) and micro-employers (1-4 employees) began in 2015 and continue until 2018.
Source: Manuela Grossmann