We’ll help you to get a pension and make contributions to it if you’re a full-time employee or a full-time contractor. Due to the global distribution of our team, the implementation details will vary depending on how and where you’re employed.
In countries where we have a company and can thus employ people directly, we provide workplace pensions.
In Australia, superannuation is paid at the statutory rate of 10%. We’ll give you a Superannuation Choice form to complete at the start of your employment.
In the UK, we’re enrolled with NEST to provide workplace pensions inline with the new enrolment rules. This scheme has been rolled out in the below stages, with all employees now on the Apr 19 schedule (9% total contribution, with 4% from Human Made and 5% from your salary).
|HM’s Contribution||Your Contribution||Total Contribution|
UK employees have two options for contributions on the above rate
- Option 1 is calculated on qualifying earnings*
- Option 2 is calculated on all earnings
We calculate contributions based on your qualifying earnings. This means your annual earnings that fall between £6,240 and £50,000 a year. (These figures will be reviewed every year by the government).
If you’d like to move to option 2 (all earnings) let Fatima know.
Please login to your NEST account to see more details including tax relief, opting out, stopping contributions, etc.
In the US, we have a 401k plan with Captain401. Once you have enrolled with TriNet (our US payroll provider) you will be sent an email invite enabling you to sign up with Captain401. We will match contributions up to 4% of your salary.
If you’re not employed directly by one of our companies then we’ll match contributions up to 4% of your agreed salary into whatever personal/private pension you might have. This must be a retirement fund that becomes available upon retirement age and this is a matching contribution so you must be contributing at minimum double what you’re expensing to us. For example if you invoice us for 4% of salary we need to see contribution deposits of 8%. If you’re only depositing 4% you can invoice us for 2%. You can of course contribute more than 4% yourself, but we’ll only match up to the 4%.
If you have questions regarding Pension contributions please direct them to Zoe.