You Have Less Than A Year To Prepare For Mandatory Living Wage
The UK government has announced that from April 2016, a mandatory living wage for employees over the age of 25 will be introduced. It currently stands at £6.50 and will be increased to £7.20. Conservative First Secretary of State George Osborne said, ‘Britain deserves a pay rise and Britain is getting a pay rise’.
Of course this issue is one that’s very likely to be causing concern amongst SME employers in particular. Though most businesses will welcome the changes, it’s understandable that leaders will be concerned about the impact that…
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26th October 2015
