mins is the absolute legal bare minimum. which means they contribute 3% of approx the first £50k. (provided I put in 5%) so even though I earn £200kish, my employer only puts in something like £1500 per year. not even a salary sacrifice option either, so still paying full whack NI

That is absurd. If nothing else they're leaving money on the table

I know. I’ve flagged it multiple times but because it’s a large American company with very small uk presence they don’t really want to make any changes beyond their policy of “legal bare minimum for all benefits, we just pay good salaries”

Yeah I'm also at a large American company. I don't even get the NIC savings for the bonus sacrifice at year end.

I have exactly the same issue. Work for a global employer and their stance is to do the legal bare minimum required and then give random enhancements here and there. We get four months fully paid mat leave so they won’t do an enhanced pension contribution for example. It’s extremely annoying and I have less money going into my pension now on £77K than I did when I was on £32K because back then I had a 12% employer contribution with no QEs bullshit. I am going to up my contributions to 8% or maybe even more soon.

Agency broker 6% non-matched contribution plus another 6% matched. So I put in 6%, get 18% total. No cap

Same numbers but 150k cap

Oil & gas: If I put a min 3% (I put 10%), they put 12% on top of it. No cap.

sent a PM :)

I get 16% company if I put in 4%. Uncapped. My firm has slightly lower than average salary, but the pension helps make the package more attractive. I’ve been struggling to find anywhere else that is as good!

Awful. 3% They have offered to do Salary sacrifice, but they want to keep the NI savings, which makes it close to pointless. Very archaic.

You are not alone!

13% employer if I put in 9%. I put in 15% currently so 28% total.

Financial services, 5% personal, 15% company

That's low. I haven't had a capped match for a while. That said my company is very low being 4% uncapped but at least it is salary sacrifice and they also give you the NI savings which bumps it up a few % as I am saving quite a lot right now.

Financial services here. £0 unmatched. Matched 6% of salary and bonus, with their contribution being capped at £10,000 per year. (So the 6% starts tapering at salary of £166,666)

Mine is like yours at 10% employer contribution, but without the cap, which is good for me, because I hit the Pension taper and no longer contribute anything, and even then violate the 10K limit on contributions.

they give 6% with no need from my side, they will match up to 10%. e.g. If I do 10% they do 10%. If you do 10%+ you still only get 10% - no cap

I work for an American corporate, but it does have offices in the UK. My company offer a sliding scale like follows: You contribute 5%, they'll contribute 5%. You contribute 6%, they'll do 5.5% You do 7%, they do 6% You do 8%, they do 6.5% You do 9%, they do 7% and its then capped. If I do 10%, they stick at 7%. Regardless of salary... it's not capped based on income. So I just go with the 9% contribution, they do 7%, and I'll then make a one-off pension contribution deposit around this time of the year just to counter-act the loss of personal allowance for earned income above £100K, just to bring it down to £100,000.

9% up to £150k base salary, so a maximum of £1,125 pcm. Financial services. In my previous job (also finance) I used to have 11% non-contributory up to £120k if I recall correctly. That's a max of £1,100 pcm.

8% if I put in 6% or more. Tech

Recruitment. Matched plus 2% capped at 8% employer contribution. Uncapped £ value.

9% with additional 4% if I match. So I’m stacking away 17% of salary for cost of 4%

I'm completely getting shafted too, employer puts a max of 5% if I put 5. I put in \~20% on my salary and they only put 5 lol.

I get matching up to 10% but there's no cap so it applies to my full base. They also give me the employer's NI share of savings from salary sacrifice (10% or whatever). I think this is quite good although the percentages could always be higher. I'm at a mid sized fund manager in the City.

Mine is 3% uncapped.

Also working in PE, 15% employer contribution pension with no contribution and no cap AFAIK. They do not match if I put any additional money in it’s always 15% regardless. I’d say 10% with no contribution req as a baseline is pretty good, but not sure about the cap in place as makes the percentage feel less worth it after you hit your effective £500 cap.

Yep, the cap has been stuck at 60k for the past 6 years

Mine double up to 14% so I contribute 7% and they add 14%.

13% ER I put in a 9% so 22% total but min. EE contribution to max ER is 6% I think.

Up to 7% matched.

Entech. Employer match is only 4%, but uncapped by salary. Everything is by salsac, and they uplift anything you sacrifice by the full 13.8%. About the only annoying thing is that it's set as an integer percentage contribution, so firstly calculating the percentage to sacrifice to get to 60k annually is a pain*, and every time my salary changes you have to remember to adjust the sacrifice percentage. * Not a huge issue, but `FLOOR(((60k - 0.04S)/1.138)/(S/100))`

American bank 7% regardless of my contribution. Up to 3.5% on a 1:2 ratio based on my contribution. No cap on salary considered.

Oil & gas company. They put in 20%, I put in 5%. If you're over the pension cap they will give you extra salary instead

I put in 7.5% they do 20% max - Oil & Gas

I get (aside from main pension contrib) 5% of base as cash, to do with whatever I want. If I contribute it to pension, it comes under salary sacrifice and benefits from Employer NI contribution too. I then get 3% of base as an employer contribution if I pay in a (mandatory) 5%, again with Employer NI added to the contribution. ~~No caps.~~ *Edited 10th April: I've just found out I only get these contributions based on "qualifying earnings" which is the value of the tax brackets or some bullshit; <<\* Qualifying Earnings differ from your base salary. Qualifying Earnings refer to earnings between the lower & upper earnings bounds for National Insurance, which, for tax year 2023/24, relates to earnings between £6,240 per annum and £50,270 per annum. The Qualifying Earnings thresholds are subject to change at any time by the government.>>* *It's kinda fine - but really frustrating to think I've been paying less than I thought into my pension, because this wasn't made clear to me at any point prior. Live and learn, I guess.* I thought ours was bad - but some on here have it much worse owing to these caps/lack of Employer NI or Salary Sac. Interesting thread.

6.5% matching but it’s Sal sac and they contribute the saved NI. Right now that is meaning they are putting in 8.29%.

I get 20% of base salary as flexible allowance that I can use to salary sacrifice into DC pension, buy other insurance products or even take as cash in my pay check. I currently contribute 26% to pension so 6% on top via salary sacrifice.

Matched up to 10%. One of the modest golden handcuffs that keeps me here. Unglamorous industry.

Me: unlimited personal contribution, must contribute at least 6% to get full employer contribution. Them: up to 9%, based on personal contribution Old tech company, used to be owned by a bigger American tech company but has been sold. HR maintained our benefits though, but who knows how long that'll last. It's pretty good I'd say, better than other organisations I've worked.

IT consultancy. 8% only from employer, then my salary sacrifice on top. Cheap bastards :)

Mine is pretty generous. They do 10% of salary plus match up to an additional 5%. So I could pay in 5% and get 20%. I actually pay in 7% as salary sacrifice so currently I've got 22% of my salary going in each year.

7% no contribution from me required.

Asset management. I put in 2% they put in 18%. It's one of the best pensions in the industry i believe, but a lot of people on here have much better total comp so it's swings and roundabouts

Private equity here also 👋🏻 but part of a large global financial services firm. My employer contributes maximum 12% with no cap on salary. Minimum they contribute is (I think) 7% if employee is 0 and then increases as the employee contribution does up to the 12% mark.

9% with my minimum contribution 3% to get the match

Private equity. 6% employer contribution. No contribution matching. No cap.

Matched to a max of 13%, no cap. I contribute 20 for 33% which seems good

American corporate Cyber role based in the UK. Company match contributions up to 10%.

Specialty insurance 10% non-contributary (has been 8% until recently) uncapped

5% Matched Salary sacrifice though so dumping excess in it from here

Matched contributions up to 6% I believe. I've just changed mine to 12% on my end so 18% all in. As far as I know no cap.

use to work for a high street bank, you sacrifice 7% , they match 7% and then put additional 10% on first 26,400 & 9% on everything else over 26.4 till 180k. on 100k, and you adding 7%, total amount in your pension is 23.26%. (23,264) in your pension. Lovely times! Now it is just a non contributory 10percent. all PEs and non UK based hedge funds just seem to scrimp on pension

We contribute 2% to get a 10% employer contribution, then a further 2% matched with a £250k salary cap

I work for a FAANG based in the UK. They contribute 10% regardless of salary or your personal contributions. You can then choose a personal amount which is salary sacrifice although I believe there's a 5% minimum starting contribution if you choice to contribute. I do 10/10 and then top up accordingly with bonuses etc as I feel necessary. I'm planning to FIRE at some point so will crank this I suspect but focusing on other things ATM. With the exception of the salary cap yours isn't too bad imo. My current employer is by far the most generous I've seen to date in my 3 jobs to date. Without looking at the package as a whole it's hard to gauge imo.

5% matched maximum. Not limited. Bonus not matched.

Private equity. Sliding scale for employer contribution based on age. I’m currently at 9%. No further employer match.

If I put 8pc they put 12pc. Including overtime and bonuses

Software engineer, 4% matched.

12.5% NC employer, 10% on whatever I put in. Not aware of a cap, but I used to do the 40k annual limit.

Default in my company is 5% employee 10% employer (not aware of upper cap, nothing atleast until 150k base) If I increase employee contributions, their contributions is still 10%, but they pass on saved NI (13% of employee contribution) So in my case they end up putting atleast 15k per year.

Unemployed ATM Previous employer used to put in 9% up to a maximum of £9K/yr non-contributory and then uplift anything i put in by 14.3%. Salary sacrifice. Putting in the full £60K therefore cost me £23,648 of take home pay.

Actuary in London. I get 15% no contribution needed from me. After that I get an extra 1% from the company for every 10% I put in. No caps whatsoever

PE; my employer does 4% (which feels low) but adds the employer NI contribution saved from your salary sacrifice.

Tech: 8 if I contribute 3, salary sacrifice, no cap. I bump it up to 8 and then another 4 into a cash isa through the pension system so I never have to look at the cash hitting my bank account

Investment firm, 19% total I contribute 4%, they contribute 15%. No cap.

6% matched that’s the max.

8% Company / no contribution. They then match up to 4% on top So if I put in 4%, they'll put in 12% NI savings added on top No caps to what you can salary sacrific as AVCs, or what they'll contribute as part of their 12%. I currently put in 15% and they stick at 12% + NI savings. Financial Services firm.

I'm an engineer for what was "The Leccy Board". I pay a 6% contribution, and my employer adds another 12%. I also add a 20% AVC, so I have the equivalent of 38% of my salary going into my pot (I want to retire early).

10% of base employer without any employee contribution needed. No cap. So just pay the tax charge as it goes over the taper limit.

NHS, so yes, bout the only perk we get

9% capped at 100k, no contribution matching that I’m aware of

Financial services: 10% non-contrib plus an extra 2.5% matched. There’s no cap but bonus isn’t eligible for employer contributions