Level 7

Salaries are paid on the 28th of each calendar month by BACS transfer. This is worked out from the 19th of previous month to 18th of current month. An individual payslip showing gross pay, fixed and variable deductions and net pay will be given to you each month. Your starting salary/ hourly rate is that stated in your contract of employment. We will let you know of any subsequent changes to your salary which is normally reviewed annually. 

PBS4 will make any deductions from your pay as required by law or as authorised by you in writing. In addition, PBS4 reserves the right to make salary adjustments to your pay, for example to reclaim overpayment or monies owed. Further information regarding deductions can be found in your contract of employment. 

All employees are automatically enrolled onto our Auto Enrolment Pension. This is with Legal and General and we believe this is one of the best auto-enrolment pensions available. Our pensions are managed by Tailored Wealth who will send you correspondence directly. You have the option to opt out of this pension, which Tailored Wealth will provide you details of.

Auto enrol will take effect from your 3rd month of employment unless the opt out declaration is signed. We pay the standard employer contributions, and you will be deducted the standard employee contributions in line with Government guidance and legislation.