Wages and pension
We are an accredited Living Wage Employer which means we commit to paying a real living wage based on living costs rather than the standard minimum wage.
Coastline secured a first for Cornwall and for the housing sector with the introduction of a Living Pension for colleagues. This means that Coastline will contribute a minimum of £1,480 per year into each colleague’s pension pot, regardless of what they put in. If they put in nothing, we will still put in £1,480. If they put in more than that, we will match it, up to a maximum of 8.3% of their salary.
As part of the government's auto enrolment legislation, all new employees who meet the eligibility criteria will be enrolled into the Defined Contribution Social Housing Pension Scheme administered through TPT Retirement Solutions (formerly The Pensions Trust).
Employees will be auto enrolled with a 5% starting contribution and can increase their contributions at any time. Coastline will contribute 5%, however if employees increase their contributions, Coastline will match contributions up to a maximum of 8.3%.