On 1 April 2016 the National Living Wage will become law.
The Government has been encouraging employers to prepare for the changes by following these four simple steps:
-know the correct rate of pay, £7.20 per hour for staff aged 25 and over
-find out which staff are eligible for the new rate
-update the company payroll in time for 1 April 2016
-check that staff under 25 are earning at least the right rate of National Minimum Wage
The National Living Wage will provide a direct pay boost to over one million workers in the UK this year providing financial security for working people.
By taking these measures, companies will be able to avoid falling foul of the law when it takes effect.
The new National Living Wage is a key part of the Government’s plan to continue to move to a higher wage, lower tax and lower welfare society, building a more productive country and giving families the security of paid work.
You can find out more by:
-visiting www.livingwage.gov.uk
-joining the conversation on Twitter by following @bisgovuk and the hashtag #NationalLivingWage
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