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The Independent UK
The Independent UK
National
Vicky Shaw

Pension contributions not a top priority for a third of UK workers

  • Fewer than one in three UK workers consider employer pension contributions a top priority when evaluating a new job offer, according to research by Which?.
  • Paid sick leave, flexible working hours, and holiday allowance were all rated as higher workplace priorities than pension contributions.
  • Almost half of employees currently contributing to a defined contribution pension do not know how much their employer adds to their retirement pot.
  • Priorities varied significantly by age, with 49 per cent of workers aged 55 to 64 viewing pensions as a key benefit compared to just 11 per cent of those aged 18 to 24.
  • Consumer group Which? advised jobseekers to check employer matching schemes, describing higher pension contributions as an effective silent pay rise.

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