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.
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.
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.
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 latest high-profile company to feel the wrath of the government is Debenhams, which was included in the largest list of minimum wage offenders to date.
The government has listed the ten most outrageous excuses that ?unscrupulous bosses? use to avoid paying their staff the National Minimum Wage.
Nick Boles has outlined the “four simple steps” for businesses ahead of next year’s National Living Wage introduction, and said that the legislation will allow companies to reward staff “properly”.
With paying staff correctly being one of the most important aspects of maintaining a happy and healthy working relationship with all employees, Nathan Combes, senior associate of employment at Lupton Fawcett Denison Till, reveals what employers need to know.
It seems that the cost of employing people in the care sector is only going to increase in the next few years. With that in mind, Thomson Snell & Passmore's Ben Stepney and Alison Antill discuss the basics employers need to stick to in order to comply to regulation.
Research commissioned by Citrus HR found that small business owners would take on more staff if employment law was made simpler – with few saying they had adequate knowledge of the subject.
The next UK government should introduce a code of conduct for retailers and suppliers and rethink business rates for small firms, the Forum of Private Business has said.
The latest crop of businesses to be outed by the government for not paying the National Minimum Wage includes a number of well-known high street brands such as 99p Stores, Tony & Guy and Vertu Motors.