According to a survey of over 200 HR, payroll and financial professionals conducted by Ceridian, one of the UK's leading HCM technology and service providers, only three per cent of respondents expect their employer to take on an additional person to meet their auto enrolment responsibilities. Of the 211 respondents, a further three per cent expect their employer to hire an extra two to four staff.
David Woodward, chief product and innovation officer, at Ceridian UK said:
We know from experience with the largest organisations that, provided the right technology is employed, the administrative burden can be managed. However, we also know many organisations are trying to manage without investing in the right technology and yet still think they can achieve this with no additional resource. Worryingly, nearly a third of respondents believe additional resource will be required but fear it will not be allowed. In the majority of organisations, the HR function owns the auto enrolment project at 43 per cent, followed by payroll at 24 per cent.
David Woodward commented:
Whoever owns the auto enrolment project, we remain firmly of the view that payroll is best placed to determine when an employee should be automatically enrolled into a chosen pension scheme and make a contribution. The successful programmes we have seen, therefore, actively involved payroll as a major stakeholder, while ensuring HR, finance and IT are all actively involved.