HR Glossary

What is National Insurance?

The UK's social security contribution system where employees and employers pay a percentage of earnings to fund the State Pension, NHS, and welfare benefits.

Why it matters in hiring

National Insurance comes up whenever teams compare candidates, set policy or report on people data. Getting the definition right keeps decisions consistent, which is the same reason springhire scores every applicant against the same criteria rather than on impression.

Related terms starting with N

• Nano-Degree
• National Employment Standards (NES) (Australia)
• National Insurance Contributions (NIC)
• National Living Wage
• National Minimum Wage
• Net Pay
• New Hire Checklist
• NHS

Part of the springhire HR glossary, 1,150+ HR, payroll and recruiting terms defined. Free, no signup.