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United Kingdom

Retirement benefits for your UK team in minutes

Yonder makes benefits administration easy. Offer retirement benefits out of the box, and easily for your team in the UK

67

million

Population

The UK has one of the lowest median ages in Europe - at 40.5 years old.

3.85%

per cent

Unemployment rate

Large and highly skilled workforce, with a focus on financial services, technology, and professional services industries.

$3.1

trillion

Gross Domestic Product

The fifth largest economy in the world - highly developed and diversified, with exports accounting for 30% of GDP.

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The UK has a 79% workplace pension participation rate

Great | 8% Match

This level of contribution goes beyond what is typically expected and shows a significant commitment to employee well-being and retirement planning.

Good | 6% Match

This demonstrates a stronger commitment from the employer to support employees’ retirement goals and can help them accumulate a more substantial pension fund over time.

Expected | 3% Match

Currently, under auto-enrollment legislation, employers are required to contribute a minimum of 3% of an employee's qualifying earnings into their pension scheme.

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Health Insurance

Retirement

with Yonder

€

9

/month

Cost of service

without Yonder

€

380

*

/month

1

HR/Finance employees involved

0.00

hours spent per month administering

*Estimated figures based on average salary, hours per month spent on admin and broker fees

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