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More than half of employers are reviewing their overall pay and grading structure to ensure remuneration remains fair, following the introduction of the National Living Wage (NLW).

However, 18.4% said they would consider using apprentices and younger workers as under-25s are not covered by the law, and 6.1% said they would need to make workers redundant.

The figures come from research by Croner’s specialist pay & benefits team, which surveyed 100 organisations on a range of questions relating to NLW.

The full report is available to download for FREE by IoIC members in the 'Research' section of this website here – and covers:

  • what should be included in the NLW
  • who should be paid the NLW
  • the impact it will have on business
  • potential issues facing employers
  • possible NLW age discrimination
  • penalties for non-compliance, and
  • ideas for coping with the pay rise.

Advice on the NLW is also available by phone for IoIC members via the Croner Business Support Helpline – details here
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