All workers aged 25 and over who are not in the first year of an apprenticeship will be legally entitled to the new minimum pay rate of £7.20 per hour.
If you’re an employer, you’ll need to make sure you’re paying your staff correctly from 1st April 2016, as the National Living Wage will be enforced as strongly as the current National Minimum Wage.
Here are four simple steps to prepare your business for the Government’s National Living Wage:
- Know the rate – £7.20 for 25 and overs
- Find out which of your staff are eligible
- Update your payroll before 1st April 2016
- Tell your staff about any changes to their pay
The National Living Wage will provide a direct boost to over one million workers in the UK this year – rewarding and providing security for working people.
It 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 well-paid work.
By taking these measures, companies will be able to properly reward their staff and avoid falling foul of the law when it takes effect.
You can find out more by visiting The National Living Wage website, here.
You can also join the conversation on Twitter by following @bisgovuk and using the hashtag #NationalLivingWage.