National Living Wage

National Living Wage

National Living Wage

Confused over National Living Wage? You may have seen adverts on TV talking about the new National Living Wage and still be wondering if it affects you and your business.

Here are the key points in summary:

1. This NLW is a new statutory rate for employees and workers over the age of 25

2. It comes into effect on 1 April 2016

3. The rate will linitially be £7.20 per hour but like the National Minimum Wage (NMW) it will increase each year – we’ll keep you updated

4. It is anticipated that the NLW will be £9 per hour by 2020

5. The rules for NLW are the same as NMW – this means that allows employers will usually be compliant with NLW (and NMW) if average pay across all hours worked is at or above the required rate – this is an important point in businesses that pay sleep-in rates or on-call rates – this can be a complex area and we’d recommend getting advice to ensure you are compliant

6. The NLW (which is a statutory requirement) is in no way connected to the Living Wage rates recommended by the Living Wage Foundation in their campaigns

Any questions? Get in touch today

Rachel Goodman

Rachel Goodman is one of our experienced HR Consultants at vivoHR & Training Ltd, having joined the team back in 2013 as an HR Administrator. With a background in business support roles at companies like BT, Logica and DERA, she brings a practical and organised approach to everything she does. Since gaining her CIPD qualification and stepping into a Consultant role in 2017, Rachel has become known for her straightforward, no-jargon style and her knack for keeping things calm and under control – even when tackling tricky HR issues. Whether she’s drafting documents, resolving employee matters, or helping clients get the most out of their cloud-based HR systems, she makes sure everything runs smoothly and efficiently. Clients know they can rely on Rachel for honest, clear advice that just makes sense. Her goal? To take the hassle out of HR, so business owners can focus on running their companies.

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