Minimum wage, maximum pressure? - The impact of 2025's minimum wage and employer NICs increases

Increasing wage rate among employees and decreasing profit rate among entrepreneurs. Experts argue for "moderate wage increases" in the future.

Employer News :NI hikes expected to be a significant challenge putting pressure on employee benefits

As employers brace themselves for hikes in National Insurance contributions (NICs) and the reduction in the threshold at which they are due, the industry body for the group risk sector, GRID, has found that over a quarter (28%) of senior HR decision-makers believe that increased costs imposed by government such as higher employer NI contributions […] The post NI hikes expected to be a significant challenge putting pressure on employee benefits a…

Minimum wage, maximum pressure? - The impact of 2025's minimum wage and employer NICs increases

The combination of rises in the National Living Wage (NLW) and employer National Insurance (NI) this week will massively increase the cost of employing low paid workers and should prompt a rethink in how the minimum wage is set in future, according to new Resolution Foundation research published. Minimum wage, maximum pressure notes that the 6.7 per cent rise in the National Living Wage - from £11.44 to £12.21 on 1 April - is not particularly hi…