Forthcoming changes to the National Minimum Wage and the new National Living Wage age band
This is a reminder for businesses to budget and plan for the forthcoming change to the National Living Wage banding. Currently, the National Living Wage (NLW) applies to workers who are aged 23 and over, but from 1 April 2024 this minimum age will be lowered, so that the NLW will apply to all workers […]
Real Living Wage boosted to £9.50 per hour
According to the Living Wage Foundation, over 250,000 people will see wages boosted by 20p to £9.50 if their employer has signed up to the ‘Real Living Wage‘, and employees should receive the new rate in May 2021. Not to be confused with the National Living Wage (NLW), the Real Living Wage is a recommendation of the Living Wage Foundation that ensure all workers earn a wage that covers […]
Winter Economy Plan: 24 September 2020
The Chancellor has announced the next phase of the UK’s economic plan as it continues in its response to the pandemic. Today, the Chancellor launched the Winter Economy Plan, which is ultimately about protecting people’s jobs, as it is expected that the virus and the restrictions we now follow will be a fact of life for everyone for at least 6 months. From November, a new Job Support Scheme launches which will which replace […]