East Midlands careers specialist Frontline Recruitment is set to host an exclusive seminar aimed at informing businesses on the impacts of the National Living Wage.
On 1st April The National Living Wage became a reality for UK employers, but says Frontline director Tony Wilmot, businesses are confused about what it means for them – and many weren’t prepared.
Tony says: “There has been much noise about the introduction of the National Living Wage. Whilst trade unions understandably consider the move a triumph, business owners are genuinely worried that their businesses will struggle to meet the new pay threshold.
“Some 451,000 people are paid less than the Living Wage in the East Midlands, according to new research published by KPMG. The figure indicates that 26 percent of all employees in the region earn less than the Living Wage – 3 percent more than the UK average of 23 percent.”
Implementing the new National Living Wage will add about 3 per cent to employers’ wage bills, according to a study by the University of Lincoln.”
Tony added: “On 12 May we’ll be hosting an exclusive free breakfast seminar at the offices of RSM in Nottingham city centre aimed at assessing the immediate impact of the wage increase on employers. The event is sure to provoke lively debate.”
The event panel includes Tony Wilmot of Frontline Recruitment and Sukhi Ghuman of Octavian who will be speaking about the changes to the Minimum Wage, and what it means for both employers and employees.
To book your free tickets for this event, click here: https://www.eventbrite.co.uk/e/national-living-wage-what-does-it-mean-for-your-business-tickets-22837665071