McDonald's to use NEST for 35,000 workers

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Fast food giant McDonalds will use the National Employment Savings Trust (NEST) for 35,000 hourly-paid workers as part of a two-tier auto-enrolment solution.

Any eligible hourly-paid workers at the burger chain will be auto-enrolled into the NEST, but salaried workers will be placed in its existing Friends Life stakeholder scheme. McDonalds will begin auto-enrolment for salaried staff on 1 January 2013 and will use postponement to delay auto-enrolling hourly-paid staff until 13 January to fit in with the pay period. About 2,000 employees are eligible for the Friends Life scheme - although figures were not available for the number of existing members - while 35,000 workers face auto-enrolling into NEST. McDonalds has 90,000 employees in ...

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