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Category: National Living Wage

How to prepare for upcoming living wage and national insurance increases in 2025

Simon Cook | 06 December 2024

National Living Wage | National Insurance

The minimum wage for over 21s, known officially as the National Living Wage (NLW), will rise by 6.7%, from £11.44 to £12.21 from April 2025. This is the minimum wage payable to employees, which has already received two consecutive years of double-digit increases.

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How to prepare for upcoming living wage and national insurance increases in 2025

What next for young workers after rise in minimum wage levels?

Simon Cook | 18 May 2023

National Living Wage | Pay Progression | Pay Data

On both a national and company-led level, pay increases must be matched by initiatives to create opportunity and enable progression.

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What next for young workers after rise in minimum wage levels?

What does National Living Wage rise mean for HR?

27 October 2021

National Living Wage

The National Living Wage (NLW) is set to rise from £8.91 per hour to £9.50 for over-23s from April 1 2022. Naturally, this proposed increase will have an impact on employers as well as employees – so what can you expect to change in April?

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What does National Living Wage rise mean for HR?

The Spending Review: the headline details HR leaders need to know

26 November 2020

National Living Wage | Planning Ahead | Public Sector

Rishi Sunak delivered the 2020 Spending Review yesterday - here are the key points HR need to know at a glance, with our brief analysis of what this means and the four key impact points you need to prepare for.

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The Spending Review: the headline details HR leaders need to know

National Minimum Wage changes: your essential update

10 March 2020

HR Reward | Reward Consultancy | Pay Fairness | Salary sacrifice | National Living Wage | Low Pay | Productivity | Financial Wellbeing

Asha Charles summarises recent changes to low pay in the UK, including new approaches to NMW enforcement, pay arrangements, and salary sacrifice. A must read ahead of new regulations in April.

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National Minimum Wage changes: your essential update

Download our Responsible Reward guide

11 February 2020

CEO Pay Ratios | Corporate Governance | Pay Transparency | Reward Consultancy | Pay Fairness | Equal Pay | Gender Pay | Measuring pay | Employee engagement | Pay trends | Communications | Business Ethics | HR Ethics | National Living Wage | BAME reporting | Recognition | Pension

Our aim in producing this guide is to share knowledge around what responsible reward means today and bring it to life with practical examples which you may want to explore at your organisation.

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Download our Responsible Reward guide

The Pay Trends 2020 white paper is here!

04 February 2020

Executive Pay | HR Reward | Pay Transparency | Reward Consultancy | Gender Pay | Reward Intelligence | Pay trends | National Living Wage | Low Pay | Reward Strategy | Government & Policy

Our white paper has landed! Download via our website to get your essential update on the Reward landscape in 2020 and beyond.

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The Pay Trends 2020 white paper is here!

The big squeeze: 4 ways to handle low pay increases

12 November 2019

HR Reward | Reward Consultancy | Pay framework | National Living Wage | Organisational Design | Low Pay | Pay Progression | Skills based pay | Pay Structure

The government's low pay increases in recent years have been ambitious and caused budgeting headaches across businesses with a large proportion of low pay employees. With rates set to keep rising, how can you handle these challenges and make them work for your business?

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The big squeeze: 4 ways to handle low pay increases

If budgets are squeezed how do you get the most from your pay budget? Part 1 of 3

30 July 2019

Bonus | Pay & Reward | National Living Wage | Pay Structure | Recognition | Reward Strategy

Other elements of the total reward package come into starker focus when pay budgets are tight, and across this three-part insights series we will look at how employers can leverage bonus, benefits and culture to make the most of their pay budgets, with part one focusing on creative peer-to-peer and crowdsourced bonus solutions.

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If budgets are squeezed how do you get the most from your pay budget? Part 1 of 3

It’s not all about the pounds and pence

08 May 2019

HR Reward | Employee engagement | Flexible working | National Living Wage | Low Pay

We're delighted to bring you a guest blog from Josie Pileio FCIPD, International HR Director and Business Coach. Josie explores the topic of high retail employee turnover and why it's worth looking beyond the national minimum wage to understand all the factors at play.

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It’s not all about the pounds and pence

Pay Trends 2019 survey – the results are in!

05 February 2019

HR Reward | Gender Pay Gap | Pay & Reward | Benefits intelligence | Engagement | Pay trends | Events | Talent | National Living Wage | New Year | Low Pay | Government & Policy

Innecto surveyed approximately 150 HR and Reward professionals in Bristol, Birmingham and London about their most pressing challenges in 2019. Here are the results - do they stack up with what you're seeing at your organisation?

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Pay Trends 2019 survey – the results are in!

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Bloomsbury Publishing

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