remote-logo-1
Book demo
remote-logo-1
globe-icon_24 English (United States)
Book demo

Book a demo, see Remote in action

Manage, pay, and recruit global talent in a unified platform

051-check-star-stamp

Successfully submitted!

If you scheduled a meeting, please check your email for details or rescheduling options. Otherwise, a representative will reach out within 24–48 hours.

Close

Retirement & Pension

Remote offers a Defined Contribution workplace pension scheme, designed to help employees in the UK save for retirement while benefiting from employer contributions and tax advantages. The plan is based on automatic enrollment for eligible employees, with flexible options for contributions and investment choices.
  • Retirement

    Contribution Overview:

    • Employee Contribution: The standard employee contribution is 5% of gross salary.
    • Employer Contribution: Remote contributes 4% of gross salary when the employee contributes at least 5%. Contributions below 5% cannot be matched with the employer contribution.

    Key Features:

    • Flexible Contributions: Employees can choose to contribute more than the 5% minimum based on their retirement goals.
    • Automatic Enrollment: Employees aged 22+, earning over £10,000 annually, and below state pension age are automatically enrolled. Employees can opt out within the first month if desired.
    • Contribution Methods: Contributions are made via Salary Sacrifice (default), which reduces taxable income and provides NI savings, or the Relief at Source scheme, depending on employee eligibility and preference.

    Additional Benefits:

    • Investment Options: A range of funds, including ethical and diversified options, are available to align with employees' retirement strategies
    • Tax Efficiency: Contributions receive tax relief, reducing taxable income while supporting retirement savings growth.
    • Online Access: Employees can manage contributions, track investments, and make adjustments through an easy-to-use online platform.