Well, tough times, so I've taken a Permie role and issued myself a P45. A strange one as there seemed to be lots of contracts out there, but none were biting, yet the Permie role I went for a "test interview" offered me the role over the other candidates.
Anyways, no contractor wants a gap in their CV so I tentatively nibbled their hand off. Even if I'm only here 6-12 months I'm making the most of it and paying a big chunk into the Pension Scheme with salary sacrifice. I became aware that HM Govt is bulldozing every UK worker into automatically enroling on a company pension scheme with minimum amounts of 1%, then 3% then I think 8% by (I think) October 2018.
They could have played a blinder here; I don't know what % of new employees will opt out, but let's say it's high at 25%. That's 75% of new UK employees automatically investing 8% of their salaries into the economy. I wouldn't be surprised if they've issued guidance to the pension providers that by default these should go into a default fund made mainly of UK assets and bonds, with a bit of global just to balance it. Either way, that's a lot of extra cash that's going to be invested "somewhere" isn't it?
Anyways, no contractor wants a gap in their CV so I tentatively nibbled their hand off. Even if I'm only here 6-12 months I'm making the most of it and paying a big chunk into the Pension Scheme with salary sacrifice. I became aware that HM Govt is bulldozing every UK worker into automatically enroling on a company pension scheme with minimum amounts of 1%, then 3% then I think 8% by (I think) October 2018.
They could have played a blinder here; I don't know what % of new employees will opt out, but let's say it's high at 25%. That's 75% of new UK employees automatically investing 8% of their salaries into the economy. I wouldn't be surprised if they've issued guidance to the pension providers that by default these should go into a default fund made mainly of UK assets and bonds, with a bit of global just to balance it. Either way, that's a lot of extra cash that's going to be invested "somewhere" isn't it?
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