National Living Wage: Businesses respond
The government’s plan to increase the National Living Wage in April is now unlikely to go ahead because British firms will struggle to meet the costs in the wake of coronavirus.
National living wage rises are making SME jobs more fulfilling
Following the latest NLW increase on 1 April, a survey of more than 500 SME workers, who are paid the NLW, were asked how their roles had changed since the statutory measure was first introduced in April 2016.
Autumn Budget 2017: Increase to 2018 National Minimum Wage and National Living Wage
The Autumn Budget, chancellor Philip Hammond expressed, went a long way in ensuring peace of mind, with his numerous announcements including an increase in the National Minimum Wage.
Spring Budget 2017: National Living Wage increase amounts to £500 per employee
With a National Living Wage increase set to take place from April, chancellor Philip Hammond confirmed during the Spring Budget 2017 that the extra amount payable per staff member will be £500.
The difference between National Living Wage and National Minimum Wage
The National Living Wage rate changed in April 2017, or was it the National Minimum Wage? There’s confusion between the two, so here’s an explanation – with the Living Wage thrown in as an extra. Prepare to be bewildered.
Autumn Statement 2016: National Living Wage increase puts pressure on small firms
The National Living Wage will increase from £7.20 to £7.50 from April next year, representing a pay rise of around £500 to a full-time worker.
Autumn Statement 2016: A 500-word summary for entrepreneurs and SME business owners
Chancellor Philip Hammond has just given his first Budget address in the Autumn Statement 2016 speech, and here are the most important developments for business leaders.
It turns out the National Living Wage isn’t a job-killer
The National Living Wage (NLW) has now been in place for just over three months. But welcome though the raising wage floor for over-24s may be, it constitutes a cost to employers, recent research suggested.
