HR experts P3 People Management recently held a workshop to help employers prepare for the sweeping pension reforms.
The Manchester-based HR consultancy held the Auto-enrolment of Pensions event at its premises in Manchester’s Concord Business Park.
The workshop was designed to provide HR managers or business owners with more information about the changes set to take place concerning pension reforms.
From October 2012, all businesses are required for the first time to contribute to their employees’ pension funds and automatically enrol eligible members of staff into a scheme. The new rules will be phased in so that only businesses which employ more than 800 people will be affected initially, with all firms being subject to the rules by 2014.
Businesses must comply with the changes or they risk hefty fines or even imprisonment. They also have a duty to communicate the changes clearly with their staff.
Charlotte Gallagher, Managing Director of P3 People Management, Manchester’s leading HR consultancy, said: “We’ve been preparing for these changes for some time and wanted to share our experience and knowledge to help guide businesses through the transition period and make sure they are up to scratch with their legal requirements.
“The auto-enrolment of employees into pension schemes is one of the biggest changes to affect pensions in decades and our highly-skilled experts will help you through the process and suggest ways of communicating the changes to your workforce”.
P3 People Management provides a range of HR management services from recruitment and selection to a comprehensive outsourced HR service.
If you would like more information on how the team at P3 People Management can help ease your management worries call them on 0161 941 2426