Some 43% of respondents say 90% or more of their workforce are active pension scheme members, according to the Employee Benefits/Close Brothers Pensions research 2014.
The research, which surveyed 216 respondents in September 2014, also found that approximately a quarter (24%) say between 80% and 89% of their workforce are active members of their organisation’s pension scheme(s).
Just 5% of respondents say this is the case for less than 20% of their workforce.
Such high member engagement levels suggest that auto-enrolment has met its original aims of getting more of the UK’s workforce saving for retirement.
Debbie Lovewell-Tuck is a business journalist with 20 years’ experience specialising in pay, reward and HR. She joined Employee Benefits as a reporter in 2003, before becoming editor in 2015. Debbie is also responsible for editorial content across Employee’ Benefits events, including Employee Benefits Live and the Employee Benefits Awards, as well as hosting Employee Benefits’ webinars.View full profile