The National Minimum Wage
New national minimum wage (NMW) rates came into force on 1 October 2015:
As part of the July 2015 Budget, the Government announced that it would introduce a premium, over and above the NMW, for workers aged 25 and over. This will be known as the National Living Wage (NLW). The Government will set the first premium in April 2016 at 50p, which will increase the total NLW to £7.20. We understand that the NLW will be implemented through the NMW Regulations, in the same manner as the NMW uprating in October 2015.
Modern Slavery Act 2015
The requirement for large businesses (who supply goods or services and have a minimum total turnover of £36 million per year) to publish a slavery and human trafficking statement each year, setting out the action they have taken to ensure their supply chains are slavery free, is in force.
The Deregulation Act 2015
The Deregulation Act 2015 will introduce the following changes:
Please contact the Employment team on 0121 200 3242.
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