Minimum Contributions
There are two options for the employer – Qualifying earnings or an alternative definition.
Qualifying earnings are all earnings between £6,032 and £46,350 in respect of:
- Salary or wages
- Overtime
- Commission
- Bonuses
- SSP, maternity pay, paternity pay or adoption pay
Minimum pay table:
If the employer decided to make an 8% contribution from April 2019 then the employee is not required to put any contribution in.
For the alternative earnings the contribution levels are slightly different:
Depending on which set the employer uses the contribution amounts do differ slightly: