"The new rate isn't coming into force until April, but it may pay to start preparing now for a seamless introduction..."Start with the end in mind," advises Deborah Rees..."It will be much easier to model this in one pass if you consider whether key pay elements..could be rolled in to help make the cost more affordable."
Read the rest of this article here in CIPD's People Management: 'The real cost of the living wage.'