NAPF urges resourcers to tell new recruits about pensions
Recruitment departments should do more to inform jobseekers about their pension provision, according the National Association of Pension Funds (NAPF).
Recruitment departments should do more to inform jobseekers about their pension provision, according the National Association of Pension Funds (NAPF).
New NAPF research shows that just 40% of jobseekers knew if their potential employer offered a pension when they applied for their current job. And fewer than one in eight (12%) job adverts carries any pension information at all.
Joanne Segars, NAPF chief executive, says: “It is astonishing that so many people are sleepwalking into a job without knowing if there’s a pension.
“A good pension is a vital part of any reward package. It’s not a ‘nice to have’ or a fringe benefit, like a gym. In some cases it can be worth up to a third of annual salary. People need to think about the pension right at the start of any job search.”
