Auto-Enrolment

In recruiter context

Eligibility: 22-State Pension age, earning over £10,000/year, working in the UK. Employees can opt out within 30 days but get auto-re-enrolled every 3 years. Most employers contribute more than the 3% minimum — 5-8% is standard at established firms, 10%+ at financial services. The 50p-on-the-pound match rate (1% employer for every 1% employee) is one of the highest-return moves available to UK earners. Many UK employees opt out due to short-term cash flow pressure and lose substantial long-term wealth in the process.