View Policy

We use our cookies and third party cookies to improve our services, obtain statistics, allow you to remember your login details, and to facilitate your interaction with social networks. By continuing to navigate you consent to the use of cookies.

Recruitment and HR Blog

National Minimum Wage changes

11th September 2014

A thumbnail of a recruitment or HR blog

The chancellor George Osborne has suggested that the NMW could reach £7.00 an hour by 2015-16.

The calculated living wage however, is set at a higher rate.

Unlike the national minimum wage, the living wage is an informal benchmark, not an enforceable minimum level of pay. It is simply based on the amount an individual needs to earn to cover the basic cost of living.

The living wage is currently set at £8.80 an hour in London and £7.65 in the rest of the UK.

By comparison, the national minimum wage is significantly lower.

Is it time for the living wage to become mandatory?




Sources;           Recruiter Published; 27th Feb 2014

GOV.UK Published; 22nd August 2014

BBC News Published; 24th June 2014 

Click here to view our other blogs & articles

Receive latest recruitment and HR blogs direct to your inbox

.

Discover how JVP Group can help you to attract & hire the best people, whilst removing the hassle and high costs from the recruitment process:

Job Board
Advertising

Employer branded job advertising icon

Discover >

Social Media
Recruitment Marketing

Social Media Icon

Discover >

Applicant
Tracking System

Application Tracking System Icon

Discover >

Skills &
Knowledge Testing

Skills and knowledge testing Icon

Discover >