Ceridian launches streamlined auto-enrolment module for SMEs
With eight times as many employers due to stage in 2014 than in 2013 for auto-enrolment, Ceridian has developed a streamlined version of its award-winning, proven, off-the-shelf auto-enrolment solution so that SMEs can benefit from the best solution at the lowest cost.
David Woodward, chief product and innovation officer, at Ceridian UK said:
Next year, thousands of employers with staff ranging from 499 employees down to 59 will be staging at eight points in the year. Based on our experience of working with the UK’s largest employers on auto enrolment, our streamlined approach for SMEs is the easiest, simplest and most cost-effective solution for them to go live. It will meet their looming timescales and provide them with the assurance of being compliant with the complex pension legislation.
We have been at the forefront of developing auto enrolment solutions that minimise the impact of the legislation. As a leading payroll provider, we have been best placed to provide the optimal solution because payroll holds all the required data and is best positioned to undertake the auto enrolment determination, while also being capable of handling sophisticated salary sacrifice arrangements the moment pay is calculated.
In our experience, many employers under-estimate the work involved in ensuring compliance and the extra costs involved in terms of additional headcount or alternative technology and the systems integration costs. SMEs staging in 2014, many of whom have not yet planned for auto enrolment, will place huge strain on providers, many of whom will not be equipped to meet the demand.
So we have taken our proven payroll-based auto enrolment solution and designed a fast track approach to setting up and switching on in double-quick time in order to minimise cost, lower risk and reduce bottlenecks in supply.
The Ceridian SME Auto-Enrolment module is delivered through HRevolution, Ceridian’s HR Software-as-a-Service (SaaS) solution designed to flex with an organisation’s needs.
To sign-up to the Ceridian SME auto-enrolment solution contact us 0800 0482 737 or enquire online.