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Re:VW deactivates employee email outside working hours by mjwalshe on Friday December 23, 2011 @02:08PM (#3386807)
When you consider that in the UK NI is 11/12% and that covers the NHS and your state pension plus SERPS (second state pension) and unemployment benefits.

I knew a guy who emigrated to the USA and was working for CITI and was paying a bigger % of his pay just for his health cover.

Re:VW deactivates employee email outside working hours by ig1 on Friday December 23, 2011 @03:24PM (#3387107)
The NHS is incredibly efficient in terms of ROI, the cost per person of the NHS is less than the cost of overhead admin work for healthcare in the US.
Re:VW deactivates employee email outside working hours by timthorn on Friday December 23, 2011 @03:37PM (#3387152)
NI isn't hypothecated - the money the government collects through NI is thrown into the pot with almost all other taxes. NHS & pension payments come out of general taxation.
Re:VW deactivates employee email outside working hours by smiler on Friday December 23, 2011 @06:14PM (#3387585)
You do know employer and employee both pay NI, so total NI is around 24%
Re:VW deactivates employee email outside working hours by rossriley on Saturday December 24, 2011 @03:30AM (#3388539)
The employer contribution is only around 1%.
Re:VW deactivates employee email outside working hours by smiler on Sunday December 25, 2011 @04:06AM (#3390740)
Where on earth do you get this idea? Please see this link http://www.hmrc.gov.uk/paye/rates-thresholds.htm

It is 13.8% for employers!

Re:VW deactivates employee email outside working hours by mjwalshe on Wednesday December 28, 2011 @03:17PM (#3401176)
so its not coming out of my pay and companies don't have the expense of running their own health systems and they dont need to employ extra HR people to administer them. It also means that startups don't have to compete against big companies that can afford health benefits which act to lock employees into big companies