I'm self-employed so I pay a lump-sum employer's contribution annually in May once all the end-of-year sums have been done and I know what taxes I owe and what is left in the business to take out. So I technically don't make a personal contribution.
Not sure how relevant this poll will be for those employeed as a lot of the personal contribution will be dependent on what the employer pays.
For example, my employer contributes 20% towards my pension whilst I contribute 0%. If my employer contributed less than I would increase my personal contribution so that the total was closer to 20%.
My partner pays 5% and their employer pays 17% but they'd pay more if their employer paid less.
I've always wondered what other employers pay as contributions. My employer (BT - British Telecom) pays 10%, who is your employer if you don't mind saying?
BT have always said the 10% they pay is above average for similar companies - which I never fully believed.
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I've always wondered what other employers pay as contributions. My employer (BT - British Telecom) pays 10%, who is your employer if you don't mind saying?
BT have always said the 10% they pay is above average for similar companies - which I never fully believed.