Cold January Mornings and the ongoing confusion of automatic enrolment

I was on the tube traveling early on this cold January morning when I noticed this article on the BBC website.

The article’s message is clear…

Nearly half of small and micro businesses are confused about their automatic enrolment responsibilities.

This statistic didn’t surprise me….

We spend a decent amount of our days, both through the work we do through AE in a Box and via Cervello (our consultancy business) helping employers understand how automatic enrolment impacts them and guiding them through the process.

The survey (which was conducted by the federation of small business) is clear…

Small businesses need (and often) want help to ensure they comply with automatic enrolment regulation.

You see with nearly half of small and micro businesses admitting they’re confused about automatic enrolment I find myself wondering about whether this tells the full story about how prepared these businesses are…

I wonder how many more business owners are confused but don’t feel comfortable enough admitting it?

I wonder how many more assume they know the rules but actually misunderstand key part of the legislation?

I wonder how many employers are unaware of the rules….or are aware of the rules and assume it doesn’t apply to them?

Regardless of the answers to the questions above one thing is clear…

Over the next few years hundreds of thousands of employers who admit to be confused could do with help through the process of automatic enrolment compliance…

and

This percentage of employers who would benefit from help, when all other factors are taken into account, could be far greater…

The good news is there is a way for employers (and the professionals who work with them) have a way to end the confusion and  ensure that employers have a tool which provides a step by step guide to ensure they can comply successfully…

The way we believe employer can end the confusion is by using AE in a Box.

 

AE in a Box can empower employers with the tools they need to comply with automatic enrolment successfully.

AE in a Box can help employers with the guidance they need to ensure that they avoid confusion.

AE in a Box can assist employers by ensuring they have support as and when required.

However we’re not standing still.

We’re currently working hard to ensure that we continue to provide services which makes life easier for employers to comply with automatic enrolment (more on this coming soon)…

Let us know if we can help you in any other way…

Author

Chris Daems

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