OVERVIEW

Automata UK currently uses NEST (National Employment Savings Trust) as a workplace pension provider.

Once you’ve been employed for 3 months continuously, you will automatically be enrolled on Automata’s pension scheme.

NEST will send you a welcome pack through the post within 3 working days of enrolment, which will include your NEST ID and an email to your Automata email account with instructions on how to register and manage your online pension account.

→ Nest Login ←

PENSION OPTIONS AVAILABLE TO YOU

1. STANDARD CONTRIBUTION (Relief At Source)

Relief at Source (RAS) - Automata Current Pension Scheme

We deduct your contributions from your NET PAY on a relief at source (RAS) basis.

💡 Employer Contributions: 3.0% of your earnings 💡 Employee Contributions: 5.0% of your earnings (4% employee & 1% government tax relief)

→ Total contribution = 8%.

Example:

Annual Salary of £100,000, Monthly Salary: £8,333.33

• Employee Contribution:
  • £8,333.33 * 4% (as the remaining 1% is claimed via tax relief)
  • = £333.33 monthly contribution
• Employer Contribution:
  • £8,333.33 * 3%
  • = £250 monthly contribution

TAX RELIEF

For more information on how tax relief is calculated here.