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 (firstname.lastname@example.org), or Rachael Frankland (email@example.com).
The contents of this article are intended for general information purposes only and shall not be deemed to be, or constitute legal advice. We cannot accept responsibility for any loss as a result of acts or omissions taken in respect of this article.