Pensions - Articles - Mark Folwell comments on an optional waiting period


 The introduction of an optional waiting period will ease the administrative burden of auto-enrolment for some employers explains Mark Folwell, Lane Clark & Peacock.

 "The purpose of a waiting period is to reduce unnecessary administration for those employers who have a high staff turnover in the first few months of employment. This is particularly important for employers who may have seasonal spikes in recruitment for short periods, for example, retail employers over the Christmas period. However, any employer can decide to use a waiting period if they wish."

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