With the national living wage coming into force on 1 April 2016, what is your organisation doing to prepare? XpertHR is looking for participants to help research the impact on employers of the new minimum rate of pay for employees aged 25 and over.
The national living wage rate of £7.20 represents a 7.5% April pay rise for eligible workers currently on the adult rate of the national minimum wage (£6.70).
How will your organisation fund the pay rise? How will workers already paid £7.20 or more be affected? Will differentials between pay grades be maintained or diminish?
National living wage impact
In the 2015 Summer Budget, the Government announced that a new compulsory national “living wage“ of £7.20 per hour will be introduced in April 2016 for workers aged 25 and over.
Future changes will be recommended by the Low Pay Commission, in the same way that it makes recommendations for changes to the national minimum wage rates.
The new national living wage rate is not connected to the Living Wage rate recommended by the Living Wage Foundation.
Completing this survey will entitle you to a free copy of the XpertHR guide on how to review your organisation’s pay rates against the national minimum wage, which will be emailed to you on completion of the survey.
You will also receive a complimentary copy of the research findings when they become available.
What will be the cost to your organisation of complying with the national living wage (NLW) in its first year? How will the NLW affect your employees aged under 25?
Has your organisation made efforts to forecast the impact of the NLW beyond 2016?
In addition, all those respondents whose data can be used in XpertHR survey analyses will be entered into our draw to win one of four £250 prizes. The closing date for participation is 3 December 2015.