Summer Budget Summary

The Chancellor’s summer budget means several changes that will affect employers from April 2016. 1. Introduction of a new compulsory National Living Wage for workers aged 25 and above. Currently, the National Minimum Wage for employees that are 21 years old and over is £6.50 an hour, increasing to £6.70 in October 2015. For those […] Read more »

Automatic Enrolment Costs

A recent survey of employers being asked if they have encountered additional costs in respect of the new automatic enrolment responsibilities has revealed that the potential financial burden incurred could prove to be sizeable. More than 43% said they had faced additional costs with almost a quarter saying they needed additional resources. The expenses incurred […] Read more »