The minimum contribution rate that employers and their employees are legally required to pay into automatic enrolment pension schemes is currently set at 8% (this was increased in April 2019). At least 3% of this must be paid by the employer, and the remaining 5% by the employee.
Auto enrolment statutory minimum contributions
The minimum contributions are based on employees’ qualifying earnings. For the 2020/2021 tax year, this range is between £6,240 and £50,000 a year (£520 and £4,167 a month, or £120 and £962 a week).
For more information visit this section of The Pension Regulator’s website.