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Living wage

Articles and news about the National Living Wage and what it means for SME employers.

Employing & managing staff

A small business guide to the National Living Wage

The new National Living Wage has come into effect for 2024/25. Elaine Pritchard of Moorepay explains what you need to know

Employing & managing staff

Tory minimum wage pledge ‘not realistic’ for businesses, says IoD

Chancellor Sajid Javid’s pledge to increase minimum wage to £10.50 an hour seen as unrealistic for small businesses already suffering because of rising costs

News

Small businesses working hard to meet living wage challenge

British small businesses are managing to stretch their budgets to cover the national living wage for their employees.

News

Workers on National Living Wage set to grow four times that of typical earners

Pay of National Living Wage workers is set to grow nearly 4 times faster than typical earners this parliament.

News

Autumn Statement 2016: National Living Wage goes up

Chancellor Philip Hammond has announced that there will be an increase in the National Living Wage from April 2017.

News

Small businesses in financial distress as a result of National Living Wage

Nearly 100,000 businesses forced to implement the National Living Wage six months ago in April 2016 are now in a state of financial distress, as they struggle to absorb the higher staff costs associated with the new regulation.

Employing & managing staff

Reducing the impact of the National Living Wage

Alan Price discusses the topic of the mandatory Living Wage for employees over 25, which has forced many businesses to look at how the extra cost can be absorbed.

News

National Living Wage arrives for small companies 

The National Living Wage has come into force, and the Federation of Small Businesses is calling on small businesses to make sure they act on this new legal requirement to avoid heavy penalties.

News

Small employers urged to take action to prepare for Living Wage compliance

With the introduction of the National Living Wage less than three months away, many employers need to take urgent action to ensure full compliance with this new law, research shows.

News

Prices up, hiring down: SMEs react to Living Wage

Small firms expect to slow hiring and increase prices in response to the government's National Living Wage for those over 25.

Employing & managing staff

Budget 2015: Thoughts from small businesses on the National Living Wage  

Here, we look at the business community's view on the impact Osborne's National Living Wage will have on small companies.

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