One In Four Perplexed by Payslip

21 August 2012 (PLANSPONSOREurope.com) - Plan sponsors may have to work harder to explain pension contributions as new research reveals one in four UK employees do not understand their payslip.

The research from the Chartered Institute of Payroll Professionals (CIPP) reveals that one-quarter (26.3%) of employees do not understand everything on their payslip.

Meanwhile, around one in six (14%) admits that they only occasionally look at their payslip and 4.2% confess that they never check.

PLANSPONSOREurope Staff
editors@plansponsoreurope.com