According to the Resolution Foundation, politicians must act to make sure a higher minimum wage does not leave thousands stuck for years on the lowest possible pay.
Tags: National Living Wage
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).
New CIPD report finds too many businesses in ‘survivor mode’ or failing to invest enough in their people or the technology and equipment needed to boost productivity.
Employers are being warned to take heed of new employment law changes following the General Election.
Think tank finds that London’s economy will not suffer job losses as mandatory minimum wage rises to £7.20 and that the London economy can currently support a wage of up to £8.00 without impacting employment.
The CIPD, CBI, City&Guild Group and trade unions all give their verdict on slight rises in both employment and unemployment in the UK.
In a wide-ranging interview with the Financial Times published this week, CBI President, Paul Drechsler, stated that the impact on businesses of National Living Wage announced in Chancellor George Osbourne’s Summer Budget in July has been underestimated. His comments have produced a strong reaction from trade unions, with GMB accusing the CBI of “crying wolf”. In…
Three in every ten (29 per cent) female employees in the country are set to receive pay rises as a result of the new ‘National Living Wage’, according to a new report published today by independent think-tank the Resolution Foundation. The new measure, which was announced in July’s Budget, is set to lift the pay floor…
Supermarket giant Sainsbury’s have announced today that they will award 137,000 colleagues working in stores across the country a pay increase of four percent, taking their standard rate of pay to £7.36 per hour, effective from 30 August. The decision takes pay for store employees above the Government’s new National Living Wage announced by George Osbourne in…
Lancaster based hosting and web design agency, Nublue, have this month received the Living Wage Accreditation, demonstrating that they pay all of their staff above the country’s Living Wage. The company have joined just a handful of local Living Wage businesses, and are among just a handful of technology companies in the North West to…
Elizabeth Marshall believes that it is starting to become clear what we can expect from the Conservative Government in terms of changes to UK employment law during this Parliament.
A compulsory living wage of £7.20 an hour will be introduced in April 2016 for workers over the age of 25, the government announced this week.
Chancellor George Osborne has today presented the Summer Budget, announcing the replacement of the National Minimum Wage with a compulsory National Living Wage and the introduction of three million new apprenticeships by 2020.