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Will your pension lower your salary?

Written by Scott Taylor  |  02 October 2016

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Is the new workplace pension going to be the saviour of our future, or is it going to force employers to simply adjust wages to compensate?

There are rumblings across the industry, especially small independents, that are of the opinion that adding statuary pension schemes for every employee only adds to what is already a costly employee market.

Most feel that the government are yet again making the optical industry pay for their shortcomings.

But, and it is a very big but, could there be a backlash, and could this backlash come in the form of some employers simply offering lower salaries to offset the cost of giving every member of staff a guaranteed pension?

Is it fair to expect the industry to cough up or could this end up becoming just another way of giving with one hand, and taking away with the other?