Engage with your employees, make them interact and get them on board with their pension
SMEs must take pension schemes online
So I think digital revolution has meant that the tens of thousands of employers staging into auto-enrolment each month, it’s got to be done online. The days of using a paper application have just long since gone. So when you’re choosing a pension scheme provider, make sure that you can get terms and set up the application for your pension scheme online.
I would say the second thing to look for is how does that engage your employees and make them interact and get them on board with their pension? The whole point of auto-enrolment is that they’re going to save a decent income for retirement later in life.
You as an employer are going to have to spend a little bit more money on this, but if you can choose a provider that has got an app or a really good website around engaging employees, you’re likely to get a better return on your spend.
You’re likely to attract more staff, retain better staff as a result of having a digital experience and one that you can promote.
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