The timing of the upcoming general election on 12th December 2019 may present problems for employers with a pay review date of 1st January 2020. This has all come about as the November 2019 won’t take effect and the Chancellor will set out the rates to take effect in April 2020.
Mel Stead, Managing Director of Optimal People & Business Services, says “Employers would normally be expected to have six weeks or more to ensure any new rates comply with the April uprating to the minimum wage, but they may need to set 2020 pay with no real idea if the rates they set will be high enough come April of the same year.”
In reality, this means that there will be no new announcements about the new minimum wage rate until mid-December at the earliest or as soon as the new government takes office and the relevant minister has been appointed.
Is this something which your company will need to deal with? If so, please get in touch.
Mel Stead
Managing Director
Optimal PBS
Source: https://www.personneltoday.com/hr/general-election-minimum-wage-announcement/
#contract #employment #business #recruitment
