National Minimum & Living Wage Increase 2018
The National Minimum & Living Wage increases soon, are you ready?
Philip Hammond, who made the announcement during his Budget 2017 speech, said workers will benefit from an increase of 4.7%. This, he added would leave full time workers on basic pay as much as £600 better off a year.
Hammond's increase in the minimum wage is linked to a long-standing pledge to deliver a rate of £9 an hour for over 25s by 2025.
Have a look at how much the minimum wage has increased over the years in our interactive NMW Chart here.
What do Riada Clients need to do?
Nothing... It is all part of our service.
Team Riada have been busy contacting all our clients to reassure them that we are implementing the National Wage for all our temporary workers. So there is no need to worry as a Riada client, your business will be compliant from the word GO. If you are not a Riada client and want some more information, you can visit GOV.uk and keep updated with our own Legislative Update page.
What do Riada Workers need to do?
From 1st April 2018, Riada will automatically increase any worker eligible to match the National Minimum & Living Wage and you will see this on your weekly payslip from the following week. If you have any queries on your payslip, give Riada a call on 028 7032 6600 or send us a message.
- Team Riada -
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