We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

When is standard to be entitled to join company pension scheme?

I have been offered a new job in a smaller company than my current one. I am enrolled in my current company's pension scheme where they contribute 3% as well as my contributions.

I was quite surprised that the offer from the new company said I would be eligible to join the pension only after a year of service - I thought it might be after my probation period of 3 months but is this actually quite normal?

I am thinking of asking if they would consider raising the salary offered a little to compensate for what I view as a loss in income for the year - is that valid?

Thanks for any advice. Jen

Comments

  • Reue
    Reue Posts: 569 Forumite
    Jennifer83 wrote: »
    I was quite surprised that the offer from the new company said I would be eligible to join the pension only after a year of service - I thought it might be after my probation period of 3 months but is this actually quite normal?

    Very normal. Both my partner's and my companies only offered the pension after a year of service.
  • atush
    atush Posts: 18,731 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Not sure how this will be affected by the new NEST legislation though?
  • kidmugsy
    kidmugsy Posts: 12,709 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Jennifer83 wrote: »
    I am thinking of asking if they would consider raising the salary offered a little to compensate for what I view as a loss in income for the year - is that valid?

    Well worth a shot, I'd say. They may not agree but could hardly take umbrage at such a rational argument.
    Free the dunston one next time too.
  • Thanks for the advice everyone.
    The company haven't actually given me any detailed info about the pension scheme so I'm going to ask. May have left it a bit late to neogotiate this one but at least I know what I need to think about in future!
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.6K Banking & Borrowing
  • 254.5K Reduce Debt & Boost Income
  • 455.5K Spending & Discounts
  • 247.5K Work, Benefits & Business
  • 604.3K Mortgages, Homes & Bills
  • 178.5K Life & Family
  • 261.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.