J for Job Categories
In addition to supporting the definition of Pensionable salary and tiered contribution rates at scheme level, Nexus also offers this facility at Job Category level. This will allow different segments of the workforce to have different benefits even if they belong to the same scheme. eg. The Manager category could have higher contribution rates compared to the staff category or the sales staff category have their bonus elements added to the definition of pensionable salary if required or vice versa.
The switch from scheme to category can be enabled by simply checking the "Enable category level contribution" flag. This gives a great deal of flexibility to Nexus users. This features is applicable to both for calculating auto-enrolment cost and for calculating contributions for payroll deduction.
If required, if there are special cases where individuals need to have a contribution rate, then even this is possible in Nexus.
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