National Living Wage News
As announced last Autumn by the Chancellor, Philip Hammond, changes are coming to the National Living Wage. Depending on which side of the employer/employee line you operate on, this will mean different things to you. As the care sector is typically seen as low paid, this will certainly have a positive impact on care workers at the sharp end and hopefully help with the recruitment and retention difficulties faced by the sector. Introduction of the National Living Wage will affect age bands differently – with those over 25 earning the most.
It’s also important that employers are aware of the changes so that they may prepare accordingly. Here’s a brief overview of how things are set to shake out from the 1st of April 2018:
National Living Wage Rates
Those aged 25 and over – an increase from £7.50 per hour to £7.83
Those aged 21 to 24 – an increase from £7.05 per hour to £7.38
Those aged 18 to 20 – an increase from £5.60 per hour to £5.90
The rate for those from school leaving age to 17 increases from £4.05 to £4.20 per hour and the apprentice rate rises from £3.50 per hour to £3.70 per hour.
These new rates are set to come in to force on 1st April 2018, meaning that come payday, any people on National Living Wage should receive more in their wage packet.
Here’s a useful link to the government website that carries information on current and future rates to help you keep track.
And remember, if you need any help with other important social care business support such as assistance with writing tenders for a business critical contract, preparation for a CQC inspection, innovative policies or ground breaking software that keeps all your compliance evidence in one easy-to-manage place, give us a call on 0115 896 3999 – we’re the social care experts.