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New law: Employers budget for new national living wage from 1 April 2016

Employers are assessing the impact of, and planning for the new national living wage of £7.20 per hour for employees aged 25 or more, from 1 April 2016.

Legal Alert

This update was published in Legal Alert - February 2016

Legal Alert is a monthly checklist from Atom Content Marketing highlighting new and pending laws, regulations, codes of practice and rulings that could have an impact on your business.

Other age groups continue to be paid the national minimum wage.

Operative date

  • Now

Recommendations

  • Employers should consider the impact on their profitability, and whether and how to implement cost savings, such as different working hours or redundancy

Disclaimer: This article from Atom Content Marketing is for general guidance only, for businesses in the United Kingdom governed by the laws of England. Atom Content Marketing, expert contributors and ICAEW (as distributor) disclaim all liability for any errors or omissions.

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