G Ger C Guest 15 Nov 2007 #1 Hi, I am having my annual review soon. As I do not have a company pension I was wondering what typically a company's contribution would be to a defined contribution scheme as I want ot factor that into my salary review. Would it be worth 5% of my gross? Sorry for poorly phrased question.
Hi, I am having my annual review soon. As I do not have a company pension I was wondering what typically a company's contribution would be to a defined contribution scheme as I want ot factor that into my salary review. Would it be worth 5% of my gross? Sorry for poorly phrased question.
M MMilken Guest 15 Nov 2007 #2 Yes - 5% would be about average. It depends on the industry - and also the employee's level...but 5% is about average.
Yes - 5% would be about average. It depends on the industry - and also the employee's level...but 5% is about average.
C ClubMan Registered User Messages 53,027 15 Nov 2007 #3 In jobs that I've been in to date it has varied from 3% to 6%. Usually requiring the employee to at least match it.
In jobs that I've been in to date it has varied from 3% to 6%. Usually requiring the employee to at least match it.
P paddyodoors Registered User Messages 293 15 Nov 2007 #4 I would say it depends on the industry - my last employer was 15% - with no requirement for AVC's - my current is 10% Paddy
I would say it depends on the industry - my last employer was 15% - with no requirement for AVC's - my current is 10% Paddy