Understanding small employers: New NEST research published
12 November 2014
New research published by NEST provides useful insights into how small and micro employers might need to adapt to take on their auto enrolment responsibilities.
This NEST report draws on two recent surveys of employers with 49 or fewer employees. It looks at how small and micro employers manage their business processes, and how they use payroll software. It concludes that there could be a major issue around ensuring that smaller employers hold up-to-date and comprehensive data about their workers. The research shows that many of these employers collect such information through informal conversations, and have not considered the need for more formal written communications.