Monthly Wage Slip and Missing Pension Contributions

hyubh

Exodi said:

You keep saying this but I have yet to ever be in any job ever where employer pension contributions are recorded on the employees payslip.

Employee pension contributions are generally featured on a payslip, as tax is deducted from it.
The employee is not charged tax on the employers contributions. If the employee is part of a salary sacrifice scheme, it is not uncommon for these pension contributions to not be included on the payslip as no tax is deducted.

If you're going to go down the rabbit hole of arguing that employer pension contributions should be featured (even though they're irrelevant to your pay), then you could just as well argue that employer NI should also be included on your payslip.

My payslip (employer with around 100 employees) shows employer pension contributions, my salary sacrificed amount (also technically employer contributions), plus employer NICs. Maybe it's your employer that's more unusual...?

Hell, why not just include all the employers overheads on it?

Employer pension contributions are part of the employee's total renumeration, and in the case of a DC scheme (so most of us in the private sector!) also directly part of our Annual Allowance input for pensions tax purposes. Whereas overheads like office rent are not.

Employee pension contributions are generally featured on a payslip, as tax is deducted from it.

Depends whether the 'relief at source' or 'net pay' method is used. 

singhini

For all the doubters please see some of my old wage slips below. One is from circa 2003 and that has pension contributions aswell as other benefits listed (medical, dental etc....)
The other wage slip is circa 2018 and clearly show the employee AND employer pension contributions into H&L 

Both wage slips show monthly amounts and then the accumulation amounts. I even rang an old employer and they also explained that the pension amount is based on monthly earnings and the number of days in a calendar month and so the monthly amounts going into the pension from either the employee or the employer maybe different each month which is why they disclose the figures by each month and accumulatively for the tax year. 

Ive worked in Pharma for over 20 years with various companies and they have all listed pension contributions bar one company (that was a final salary pension and thus nothing featured). 

This is the first time i am working for a small employer hence why i queried this. But he assured some companies DO list pension on an employees wage slip. Its just not accurate to say they dont - stop spreading lies!!!

artyboy

I don't think anyone is doubting you OP - well apart possibly from one poster that perhaps has had an unusual run of employment payslips.

For myself, I can only echo what the majority here have said in that my own payslips, from multiple employers, have always shown pension contributions - employer and employee.

Exodi

hyubh said:

My payslip (employer with around 100 employees) shows employer pension contributions, my salary sacrificed amount (also technically employer contributions), plus employer NICs. Maybe it's your employer that's more unusual...?

While I find that very interesting, I don't intend to argue that it's typical for employer pension contributions to feature on a payslip... I mean even a google image search of 'UK payslip' and I could only find 1 in 10 that featured employer pension contributions. I am loathed to argue it's normal because your current employer happens to do it, I sure you know it's not.

artyboy said:

I don't think anyone is doubting you OP - well apart possibly from one poster that perhaps has had an unusual run of employment payslips.

For myself, I can only echo what the majority here have said in that my own payslips, from multiple employers, have always shown pension contributions - employer and employee.

I'm not doubting it happened, I'm suggesting it's not normal.

I find it very interesting that all of your payslips happen to have always shown employer pension contributions, whereas none of mine have, and I have scanned copies from my last 5 places of employment, what are the odds. A Google search of UK payslips (against the inevitable 'googling UK payslips doesn't count' - except our anecdotes, I'm really not show what other data we can look at) shows very, very few feature employer pension contributions so it just seems you happen to be exceedingly fortunate.

I've no doubt that there are some employers out there that do go the extra mile and feature it on a payslip... but it's certainly not normal, and I wouldn't be suggesting to any employer that are obliged to provide it.

singhini said:

Ive worked in Pharma for over 20 years with various companies and they have all listed pension contributions bar one company (that was a final salary pension and thus nothing featured). 

All I can think of is maybe the missing piece between is us the sector. Maybe it's typical for those working in Pharma (and maybe those above work in Pharma)? Who knows.

hyubh

Exodi said:

hyubh said:

My payslip (employer with around 100 employees) shows employer pension contributions, my salary sacrificed amount (also technically employer contributions), plus employer NICs. Maybe it's your employer that's more unusual...?

While I find that very interesting, I don't intend to argue that it's typical for employer pension contributions to feature on a payslip...

Ahem, you've got your anecdotal evidence, the OP and me have mine, so... Perfectly reasonable to show them for the reasons I gave, however much you bash those CTRL and B keys

I am loathed to argue it's normal because your current employer happens to do it,

That 'yet to ever' language, giving reasons why employer conts shouldn't in your view matter, an attempted reductio ad absurdum... yes, truly loathed to argue, just like me

I've no doubt that there are some employers out there that do go the extra mile and feature it on a payslip... but it's certainly not normal, and I wouldn't be suggesting to any employer that are obliged to provide it.

Hmm, more likely the field is on the payroll record, so it's just easy to output...  

I wouldn't be suggesting to any employer that are obliged to provide it.

That we can agree on!

KP20

Exodi said:

singhini said:

Thankyou all.
As advised i have just contacted the pension company who have confirmed the first employer payment went in and also they have explained how to set up an online account which i have just done.

NOTE--TO--MYSELF:    Still makes no sense why the employer contribution can't feature on the wage slip. They could, but they don't, yet if they were on the wage slip it would make it easier for me and i would see the amount on the wage slip and i would think to myself what lovely employers i work for. 

You keep saying this but I have yet to ever be in any job ever where employer pension contributions are recorded on the employees payslip.

To counter-balance this, I've only ever seen UK payslips with the employer contributions included... 

It's a part of your salary package, it should be recorded somewhere.

Exodi

KP20 said:

Exodi said:

singhini said:

Thankyou all.
As advised i have just contacted the pension company who have confirmed the first employer payment went in and also they have explained how to set up an online account which i have just done.

NOTE--TO--MYSELF:    Still makes no sense why the employer contribution can't feature on the wage slip. They could, but they don't, yet if they were on the wage slip it would make it easier for me and i would see the amount on the wage slip and i would think to myself what lovely employers i work for. 

You keep saying this but I have yet to ever be in any job ever where employer pension contributions are recorded on the employees payslip.

To counter-balance this, I've only ever seen UK payslips with the employer contributions included... 

It's a part of your salary package, it should be recorded somewhere.

To be clear, employer pension contributions (in case you are referring to something else), but to move away from us throwing anecdotes at each other, above I also googled UK payslips and found very, very few examples that container employer pension contributions, but I'm obviously also aware that people aren't all lying in this thread that all their past payslips featured it, so I'm now wondering if it's a sector thing - e.g. perhaps it is commonplace in healthcare, or something like that. I certainly regret implying it never happens.

"It's a part of your salary package, it should be recorded somewhere."

Company cars, private healthcare, etc are part of your package but don't feature on a payslip, I mean I guess they're kind of reflected in your tax code, but if I was owed tax, I could easily have the exact same tax code as someone without these benefits... it's also not uncommon for people to salary sacrifice base pay or bonuses without it appearing on their payslip.

(I'm praying I haven't set myself up a second time and people start telling me their company cars and private health insurance features on their payslip...)

EDIT: Just looked at the OP's payslip above and it does itemize these! Again, I'd say that's not normal but now I expect everyone will tell me it is. I'll leave this thread after this post I think!

I had always considered a payslip a summary of the payroll deductions made to your gross pay to arrive at your net pay. I never considered them as a document designed to outline all of the various perks and benefits of working for an employer.

I guess I disagree that the function of a payslip is to:

BrassicWoman said:

remind employees of an extra benefit they get and help them feel better about work.

BrassicWoman

Exodi said:

KP20 said:

Exodi said:

s

I guess I disagree that the function of a payslip is to:

BrassicWoman said:

remind employees of an extra benefit they get and help them feel better about work.

Please don't put words in my mouth. I said that is why the employer did it. Not that it was the main function of a payslip. There can be more than one reason for things to exist!

Exodi

BrassicWoman said:

Exodi said:

KP20 said:

Exodi said:

s

I guess I disagree that the function of a payslip is to:

BrassicWoman said:

remind employees of an extra benefit they get and help them feel better about work.

Please don't put words in my mouth. I said that is why the employer did it. Not that it was the main function of a payslip. There can be more than one reason for things to exist!

I quoted you and I didn't say 'main function' either so I'm not sure who's putting words in who's mouth? Odd that you disagreed with what I quoted, but then reaffirm that you do believe it is a function of a payslip... which is curious as it doesn't occur on every payslip.

I can write my lottery numbers on the back of a Tesco receipt if I want, that doesn't mean one of the functions of a Tesco receipt is to store lottery numbers - it just happens to be a convenient to do so.

singhini

@BrassicWoman
@hyubh
@artyboy
@KP20
Thankyou


I refer everyone back to:

Exodi said:

You keep saying this but I have yet to ever be in any job ever where employer pension contributions are recorded on the employees payslip.

PS - to some of the other posters on this thread:
JUST   TO    BE  CLEAR   I   HAVE  CREATED  AN   ONLINE  ACCOUNT  (i mentioned this on the 5th post on this thread, so why keep telling me to do this in subsequent posts?).  



NOTE  --  TO  --  MYSELF:    i  need to re-read this thread as apparently i'm being questioned as to why i would want financial information on my payslip as it might confuse people.

I refer everyone back to:
Marcon said:
Have you any idea how few employees ever look at anything on their wage slips...?! There's usually no merit in putting something on there which isn't required by statute and is likely to add to the confusion of any employee who does read (and misunderstand it - yes, people do...).