UK Recruitment Glossary
National Insurance (NI)
In recruiter context
Most UK employees pay Class 1 NI at 8% on earnings between £242 and £967 per week (2024-25 rates), plus 2% above that. Employers also pay 13.8% NI on most earnings — a hidden cost when negotiating total compensation. Self-employed pay Class 2 (£3.45/week if profits exceed £6,725) and Class 4 (6% on profits £12,570-£50,270, 2% above). NI contributions earn 'qualifying years' for State Pension — 35 years required for full new State Pension. Most employees don't think about NI until they check their pension forecast.
Related terms
Total Reward
The full value of compensation including base salary, bonus, equity, pension, benefits, and non-mone…
Cold Application
Applying to a job without any prior contact, referral, or recruiter conversation.
Onboarding
The process of setting up a new hire — paperwork, equipment, training, introductions.
Hiring Manager
The person who has the open headcount and will be your future direct boss if you get the role.