A modern workplace pension Deel Global Payroll clients will love
- No fees for employers, with one simple all-in fee for employees
- Fun, easy-to-use employee pension app
- First-class service
Trusted by thousands of companies in the UK
Save time and money
- Fast pension processing
Our workplace platform offers seamless integration with your existing systems. Manage tax relief, salary sacrifice, opt-outs and more in one, easy-to-use interface.
- Reduce your business tax bill
Salary sacrifice reduces National Insurance that a company owes – the bigger your team (and the more your employees earn), the more you save.
- Increase employees take home pay
Salary sacrifice also enables employees get to keep more of what they earn by lowering the amount of their income subject to National Insurance.
Employees leaving costs money and stunts growth
- Stop people leaving
One in six employees will jump ship for better benefits. Keep your company competitive with a pension they won’t want to give up.
- Reduce costs
Productivity loss and hiring expenses mean an employee leaving costs around £30,000 but 90% of employees stay because of benefits.
- Save money
By making your pension scheme a good experience for your staff, a business of 100 people can save up to £65,000, or more with initiatives like salary sacrifice.
Fun, easy-to-use saving experience
- Bet you didn’t think your company pension would be their best-loved benefit
How much they’ve got, how much they’ll need and how to save it. No more pension anxiety: our app gives a clear picture of post-work income.
- Talking their language
Improve your teams' financial literacy and support their wellbeing. Access free workshops, guides, videos and FAQs - always jargon free.
First-class service
- Help on hand
Our expert team are on hand to support you and your employees.
- In-person event launch
Enjoy an in-person event launch with our pension success and account management team, including food, a financial wellbeing webinar and 1:1 sessions for employees.
- Easy onboarding
We do the work involved in switching from your old provider, including help with staff onboarding through webinars and Q&As.
The best thing about Penfold for me is the responsiveness of their team to any queries or questions that come from me or our employees. We just didn’t have that with our previous provider. Handling payroll is always a stressful time of the month but with Penfold onboard, I never worry about the pension part of payroll anymore!
We’ve been impressed with the level of service Penfold has provided from day one. Having a dedicated account manager (and not a chatbot) to support the switch and ensure the onboarding process ran smoothly was incredibly reassuring.
Our employees want a pension experience that matches how they manage the rest of their finances. And Penfold is just that - there is so much to do on the app from making contributions to seeing exactly where your pension is invested!
