Even for a small company with a few employees, setting up a workplace pension plan may be complicated,
time-consuming, and costly. At YM, we will make it simple, easy and efficient for you.
Planning
Understand your staging date
Identify your eligible employees
Collect key information from employees
Determine your payroll and HR process
Review employee contract for any legal issues
Identify and select key points of contacts
Choose a suitable pension scheme
Minimum and maximum contribution
Integrating HMRC recognised payroll software
Set up pension scheme
Have all employees registered
All relevant contributions calculation through payroll
Set up any integrations of payroll with pension provider
