Pension contributions not a top priority for a third of UK workers

• Fewer than one in three UK workers consider employer pension contributions a top priority when evaluating a new job offer, according to research by Which?.
• Paid sick leave, flexible working hours, and holiday allowance were all rated as higher workplace priorities than pension contributions.
• Almost half of employees currently contributing to a defined contribution pension do not know how much their employer adds to their retirement pot.
• Priorities varied significantly by age, with 49 per cent of workers aged 55 to 64 viewing pensions as a key benefit compared to just 11 per cent of those aged 18 to 24.
• Consumer group Which? advised jobseekers to check employer matching schemes, describing higher pension contributions as an effective silent pay rise.

IN FULL

Job hunters ignoring ‘silent pay rise’ of generous employer pensions