How to prepare for upcoming living wage and national insurance increases in 2025
Simon Cook | 06 December 2024
National Living Wage | National Insurance
The minimum wage for over 21s, known officially as the National Living Wage (NLW), will rise by 6.7%, from £11.44 to £12.21 from April 2025. This is the minimum wage payable to employees, which has already received two consecutive years of double-digit increases.
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Setting your pay policy - avoiding pitfalls and common traps
Holly Coe | 29 November 2024
When it comes to Pay Review and setting pay policy, HR can lose valuable time in complex manual processes and end up making do without the kinds of tech tools they now have access to for helping crunch the data to inform important decisions. Here Senior Reward Consultant Holly Coe identifies four main areas of concern, and outlines how Innecto's Advance tool can help mitigate.
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Pay Transparency: How we leverage change and set new standards for fair pay
Justine Woolf | 22 November 2024
While the drive and legislation for Pay Transparency differs from country to country, one consistent thread is the aim to address and alleviate pay disparity. Even if more has been done in other countries than in the UK, the trickle-down effect of those pay equity laws is still a driving force behind UK companies taking the issue more seriously.
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What is Equal Pay Day and why does it matter?
Sarah Nash | 22 November 2024
Equal Pay | Gender Pay | Gender Pay Reporting | Job evaluation
This Wednesday, the 20 November 2024, was Equal Pay Day. It’s a national campaign led by the Fawcett Society, a UK charity championing gender equality and women’s rights at work.
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