Statutory Wage Increase

Statutory Wage Increase

HR Expert: Statutory Wage Increase | 4th December 2020

A client is concerned about the Government’s recent announcement that the National Living Wage will increase next year. Is there anything that they need to keep in mind, or any financial assistance that they may be entitled to?

It is unlikely that the Government will introduce measures to assist businesses in meeting rising costs, or costs which are already in place with regards to the National Living Wage (NLW) or other statutory wages.

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