Chancellor Philip Hammond, yesterday announced that the National Living Wage will increase from £7.20 to £7.50 with effect from April 2017 for workers 25 years and over. Whilst it is estimated that workers will be £500 per year better off, critics do not believe that the increase goes far enough and estimate that a rise to £8.50 would be closer to the mark.
It is important that Employers are aware of their obligations as those who underpay a worker can face financial penalties.
If you would like us to undertake a health check on your employment terms and conditions and policies and procedures, please contact Mark Hirst (mhirst@bromleys.co.uk), or Rachael Frankland (rfrankland@bromleys.co.uk).
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