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Navigating Compliance Challenges for Smaller Employers: A Guide to Auto-Enrolment Schemes

Jack McVitie, Chief Executive of LEBC Group, presents an insightful overview of compliance mechanisms tailored for smaller employers and their adoption of new qualifying schemes. This guide discusses critical aspects of auto-enrolment, including a structured timeline for staging and essential considerations like efficiency, reliability, and security. With a focus on systems for payroll assessments and employee communications, the case study reveals strategies to manage postponement and opt-in windows effectively, ensuring a smooth transition for employers and employees alike.

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Navigating Compliance Challenges for Smaller Employers: A Guide to Auto-Enrolment Schemes

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Presentation Transcript

  1. Jack McVitie Chief Executive LEBC Group

  2. Compliance for Smaller Employers & Alternative Approaches

  3. An employer with a new qualifying scheme. Non-members will be postponed 3 months. Existing members of the old scheme will receive a tailored Auto-enrolment notice at staging. Case Study

  4. What system will perform assessments – payroll? - provider? - employer? What system will deliver employee comms? – provider? - employer? Considerations - efficiency - reliability - security Pre-Staging Considerations

  5. Example - Payroll- Assessment - Employer/Employee Comms Month 1 Day 1 - Staging Date Day 15 - Payroll Cut Off Day 16 - Payroll Run/Assessment Day 17 - New Joiner File to Provider Day 17 - Joining Notices Day 17 - Postponement Notices Day 17 - Opt-In Window Begins Day 19 - Contribution Payment Day 25 - Pay Date Keeping Pace With Events

  6. No Time To Relax Month 2 Day 15 - Opt-Ins Noted Day 15 - Payroll Cut Off Day 16 - Payroll Run/Assessment Day 17 - New Joiner File to Provider Day 17 - Postponement Notices to New Employees Day 17 - First Opt-Out Window Ends Day 19 - Contribution Payment Day 25 - Pay Date Day 28 - Welcome Packs Issued

  7. The “Crunch” Month Month 3 Day 15 - Check for Opt-Ins and Outs Day 15 - Payroll Cut Off Day 16 - Payroll Run/Assessment/Refunds Day 17 - New Joiner File to Provider Day 17 - Postponement Notices to New Employees Day 17 - Contribution Payment Day 25 - Pay Date Day 28 - Welcome Packs Issued End of period Postponement Ends for Staging Date Employees

  8. How Will SMEs Cope?

  9. Demonstration

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