Experts say a ‘significant shadow’ remains cast over workforce as work and pensions secretary pledges to ‘get Britain working again’
People Management magazine’s Post
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The UK government has unveiled a groundbreaking campaign to create the workforce of the future by helping employers unlock talent across the nation. Work and Pensions Secretary Mel Stride announced this major initiative, emphasizing its potential to address current recruitment challenges and reduce reliance on overseas labour. #Britishtalent #domesticlaboursupply #employmentinitiatives #governmentcampaign #jobcentreservices #jobseekerssupport #recruitmentchallenges #UKjobmarket #workandpensions #workforceofthefuture
New British Workforce Campaign Unveiled by UK Government
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‘Landmark’ devolution legislation, social housing boom and funding reforms pledged in Labour party election manifesto https://lnkd.in/eAnqw26f #labour #manifesto #election #generalelection #devolution #fundingreform #regeneration #socialhousing #audit #pensions
‘Landmark’ devolution legislation, social housing boom and funding reforms pledged in Labour manifesto - Room 151
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With a pay rise of around 5% confirmed for many public sector workers, including NHS Staff and teachers, the Chancellor's next job is to manage the books to fund this raise. 📈📚 If you're also grappling with the economics of pay rise demands, have you considered introducing or enhancing your salary sacrifice schemes? 💡 Such schemes are not only financially beneficial for employees but can also represent real savings for employers. Get in touch with the benefits experts, Corinthian, to explore your options. 📞 #Benefits #HappyEmployees
Protection, Pensions & Perks for Companies | Corinthian Benefits
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The WED project are holding a special session at this year’s Work, Pensions, and Labour Economics Study Group (WPEG) Conference! We are proud to announce that the WED Project will be hosting a special session at this year’s WPEG conference on July 16th. The WED special session will feature presentations from five speakers who will share findings and insights from research using the WED datasets: 📙 Dr. Van Phan (University of the West of England) will present “A Wage Spine for Britain,” exploring the structure and progression of wages across different sectors and regions. 📗 Mike Brewer (Resolution Foundation) will delve into “Looking at Wage Volatility Using the ASHE PAYE Datasets,” providing a detailed analysis of wage fluctuations using comprehensive payroll data. 📕 Dr. Ezgi Kaya (Cardiff University) will discuss “Labour Market Performance and Integration of Immigrant Workers,” examining how immigrant workers are faring in the UK labour market. 📒 Damian Whittard (University of the West of England) will present “Working Towards a Greener Future: Who, Where, and What For?” focusing on the implications of the green transition for different sectors and regions. 📘 Dr. John Forth (City University) will explore “The Impact of a Rising Wage Floor on Labour Mobility Across Firms,” outlining how increasing minimum wages affect worker movement between firms. Find out more here: https://lnkd.in/eSp8TmqH If you want to join us, you can register here: https://lnkd.in/ey5Edhk9
The Wage and Employment Dynamics (WED) project are holding a special session at this year’s Work, Pensions, and Labour Economics Study Group (WPEG) Conference
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Financial & Tax Advisor | Fiduciary | Veteran-Owned Business | Serving Military, First Responders, Individuals, & Business Owners
How the Minimum Wage Impacts Unemployment I am a dedicated Fiduciary Tax and Retirement Planner with extensive experience in helping clients plan for their financial futures. I specialize in creating personalized, comprehensive retirement plans tailored to meet individual needs and goals. I am committed to acting in the best interests of my clients, providing unbiased advice, and ensuring their assets are managed effectively. As a fiduciary, I am bound by law to act in the best interests of my clients. This means I am accountable for ensuring your retirement funds are invested wisely, managed efficiently, and taxed appropriately. Whether you're just starting to think about retirement or already there, I can help you navigate through the complexities of tax laws, investment options, and retirement strategies. My aim is to help you understand your financial situation and make informed decisions that will benefit your financial health in the long run. If you're looking for a dedicated, trustworthy advisor to guide you through your retirement planning process, feel free to connect with me. Let's plan for a secure and comfortable retirement together. Call at 480-270-2802 Visit us on our website: https://lnkd.in/gghwGBXG #Fiduciary #TaxPlanning #RetirementPlanning #FinancialAdvisor#law #assets #advice #goal #future #goals #client #futures #planner #experience #clients #retirement #retirementstrategy #investmentoptions #investmentoption #taxlaw #taxlaws #retirementfund #retirementfunds #retirementplan #retirementplans #beaccountable #investwisely #beto #informeddecision #informeddecisions #financialsituation #bestinterest #financialfuture
How the Minimum Wage Impacts Unemployment
investopedia.com
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Could the #generalelection see an expansion in #paygap reporting? My article for Reward & Employee Benefits Association (REBA) below considers key manifesto's. https://lnkd.in/em8MnSri #genderpaygap #ethnicitypaygap #employeebenefits #hrcommunity #pensions
Why the general election result could see an expansion in pay gap reporting
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Financial & Tax Advisor | Fiduciary | Veteran-Owned Business | Serving Military, First Responders, Individuals, & Business Owners
Does Raising the Minimum Wage Increase Inflation? I am a dedicated Fiduciary Tax and Retirement Planner with extensive experience in helping clients plan for their financial futures. I specialize in creating personalized, comprehensive retirement plans tailored to meet individual needs and goals. I am committed to acting in the best interests of my clients, providing unbiased advice, and ensuring their assets are managed effectively. As a fiduciary, I am bound by law to act in the best interests of my clients. This means I am accountable for ensuring your retirement funds are invested wisely, managed efficiently, and taxed appropriately. Whether you're just starting to think about retirement or already there, I can help you navigate through the complexities of tax laws, investment options, and retirement strategies. My aim is to help you understand your financial situation and make informed decisions that will benefit your financial health in the long run. If you're looking for a dedicated, trustworthy advisor to guide you through your retirement planning process, feel free to connect with me. Let's plan for a secure and comfortable retirement together. Call at 480-270-2802 Visit us on our website: https://lnkd.in/gghwGBXG #Fiduciary #TaxPlanning #RetirementPlanning #FinancialAdvisor#law #assets #advice #goal #future #goals #client #futures #planner #experience #clients #retirement #retirementstrategy #investmentoptions #investmentoption #taxlaw #taxlaws #retirementfund #retirementfunds #retirementplan #retirementplans #beaccountable #investwisely #beto #informeddecision #informeddecisions #financialsituation #bestinterest #financialfuture
Does Raising the Minimum Wage Increase Inflation?
investopedia.com
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💰 With global real wage growth declining and pension schemes needing adjustments due to an aging population, companies are facing tough decisions. How does your organization ensure that salaries and pensions meet local standards while driving global growth? Let's discuss the strategies that work and the obstacles business leaders should overcome. 🔎 Find more insights about salary and pension in our recent blog post: https://lnkd.in/d9S7d8Hi #HRForecast #businessgrowth #salary #compensation #pension #retirement #economicchallenges
Managing the complexities of salaries and pensions in a global expansion
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State Benefits The government will uprate all working age benefits for 2024/25 by the September 2023 Consumer Price Index (CPI) of 6.7% and will continue to protect pensioner incomes by maintaining the promised ‘triple lock’ and uprating the basic State Pension, new State Pension and Pension Credit standard minimum guarantee for 2024/25 in line with highest of the three possible measures, namely average earnings growth of 8.5%. #budget2023
Autumn Statement News
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The Chancellor has delivered his Autumn statement. What does this mean for employers? Key changes: * The National Living Wage has been increased by 9.8% from £10.42 to £11.44. This will welcomed by many lower paid workers. Employers will need to consider how they fund this and also the knock on effects to other more senior roles to ensure that there remains a differential in pay. For smaller firms this increase could be a real challenge to pay and employers will need to look carefully at how they budget for this. * NI has been cut form employees from 12% to 10%. This is from 6th January so payroll departments will need to prepare for this now. Class 2 NI abolished for self-employed. This will no doubt be welcomed by this group. *The state pension will increase by 8.5% from April 2024 to £221.20 a week, as the government honours the triple lock * Long term unemployed to lose access to some benefits if not actively looking for work. This may or may not encourage more people back into the labour force where there still remains over 957,000 vacancies in October 2023. For more information please follow the bbc link below. If you have any queries about how to manage the impact of these changes, then please feel free to give our team a call on 03333444679 #economy2023 #autumnstatement2023 #HR #smebusiness #LCR #hroutsourcing #kcc #liverpoolcityregion #manchester #southampton https://lnkd.in/eZah7by7
Autumn Statement live updates: Pension boost and tax cuts but growth forecast downgraded - BBC News
bbc.co.uk
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