Wages increases from April 2017

wads-of-20-notes  Money is important to all of us and more so around April and October each year, when the Chancellor sets the increases for the various payment structures.  As every business knows wages are by far the biggest bill on their profit and loss statement.  Investing in people however can create a climate of high production and employee satisfaction.  They say that the customer is always king.  With that we say our workers are our greatest asset.

The national living wage for those over 25 will increase from £7.20 to £7.50 per hour.  This will add over £1400 a year more for a full time worker previously on the national minimum wage.

The national minimum wage will also increase:

  • 21-24 year olds will go from £6.95 to £7.05 per hour
  • 18-20 year olds will go from £5.55 to £5.60 per hour
  • 16-17 year olds will go from £4.00 to £4.05 per hour
  • Apprentices will go from £3.40 to £3.50 per hour

stressed-person  As part of concern for workers the HSE is hosting a Stress Summit in 2017 bringing together keynote speakers and industry leading lights.  Organisational approach to preventing known stressors in the work place can delivery benefits.  One of these for both employee and employer is to reduce sickness absence.

Where:  Queen Elizabeth II Centre

When: 16 March 2017

Price: Earlybird £350 up to 6 Jan and Standard £425 thereafter

 

 

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