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Tags: Living wage
The Living Wage Foundation has announced that the Living Wage rate will increase by 20p to £8.45 per hour, while the London Living Wage rate will increase by 35p to £9.75.
The national living wage has made headlines for several weeks but not always for the right reasons. What was meant to be a positive move by the government, has resulted in negative publicity for some organisations which have responded by changing employee contracts to try and save money.
The new mandatory National Living Wage (NLW) has come into force, requiring employers to pay workers aged 25 and over at least £7.20 an hour.
Ahead of the introduction of the National Living Wage on 1 April 2016, the Recruitment and Employment Confederation (REC) has released data showing how employers are likely to respond to rising wage bills.
Seventy one per cent of British Businesses do not believe David Cameron’s target of full employment will be achieved in the next five years, according to new research by totaljobs. The data, released today, also reveals that 43 percent of jobseekers say that they have been more selective about the roles that they have taken over the last three years.
There is no doubt that George Osborne’s national living wage, to be launched next year, is a policy with its heart in the right place. For example, more than three and a half million women, almost 30 percent of the female workforce, will receive a pay rise as a result of the legislation.
With the Queen’s approaching 90th birthday looking set to dominate national headlines this spring, a new initiative has been launched to encourage the aging sovereign’s subjects to clean up her litter strewn realm.
2016 is just around the corner, believe it or not, so what can the HR world anticipate as we enter the latter half of the second decade of the 21st century. Here are some key events to be prepared for:
There is no doubt that George Osborne’s living wage, to be launched next year, is a policy with its heart in the right place. For example, more than three and a half million women, almost 30 percent of the female workforce, will receive a pay rise as a result of the legislation.
Six in ten employers are in favour of the new National Living Wage, according to research from Group Risk Development (GRiD), the trade body for the group risk industry.
Over half of all employers (54 percent) say the new National Living Wage (NLW) will have an effect on their wage bill, with three in ten of those organisations that will be affected by the new higher wage floor planning to raise productivity in response. This is according to a new survey published today by the CIPD and the Resolution Foundation (RF).
The London Living Wage will rise to £9.40 an hour next year as the cost of living in the nation’s capital continues to spiral.
A list of minimum wage shame has been released by the government, listing companies who have a history of failing to pay their employees the minimum wage.
Major firms that employ over 11,000 people are expected to face a big bill when the Living Wages rises start to come into force. A new survey by PricewaterhouseCoopers has found that companies expect to pay an extra £1.6 million on average in 2016, and up to £11 million more by 2020.