Pre-filled with typical Construction figures: 20 employees, £38,000 average salary. Adjust the sliders for your actual numbers.

Pension Auto-Enrolment Calculator

All employers must contribute at least 3% of qualifying earnings (between £6,240 and £50,270) to employee pensions. Calculate your total annual cost.

120500
£10k£38,000£100k
3%3%10%

Total Annual Pension Cost

£19,056

3% employer contribution on qualifying earnings

Per employee cost£953/yr
Qualifying earnings band£31,760
Effective % of gross salary2.5%

Monthly Pension Cost

£1,588 /month

Construction — Key Concerns

  • Mix of employed and subcontracted labour complicates NI calculations
  • CIS deductions add another layer of payroll complexity
  • Business loan costs critical for project financing

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Frequently Asked Questions

What is the minimum employer pension contribution?
The minimum employer contribution is 3% of qualifying earnings (earnings between £6,240 and £50,270 per year).
Who needs to be auto-enrolled?
All workers aged 22 to State Pension age, earning above £10,000 per year, must be automatically enrolled in a workplace pension scheme.
Can employees opt out?
Yes, employees can opt out within one month. But you must re-enrol them every 3 years if they remain eligible.