Employment Law for Small and Medium Sized Business
The year 2016 brings significant changes to employment law in the UK. This will have an impact for the small or medium sized business who are often under prepared when compared to their larger counterparts.
A business should be aware of the following:
- The National Living Wage – An increase to the minimum pay rate for workers aged 25 years and over to £7.20 per hour. It is expected that the NLW will continue to increase, reaching £9 by 2020.
- Pension Auto Enrolment – This has been on force for a number of years, but many smaller employers will not become involved with this until this year or 2017. In most cases businesses need to start planning six months before their staging date.
- Zero Hours Contracts – Such contracts are a favourite for media scrutiny, but a zero hours contract can help an employer to deal with changing demand. As from 11 January 2016 exclusivity clauses within zero hours contracts are not enforcable.
- Holiday Pay – The calculation of holiday pay should be easy, but employment case law has clouded the water. A number of cases are subject to appeal, and a business should be vigilant in understanding their legal obligations.
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