Even before the Chancellor’s announcement of a compulsory “national living wage” in his July Budget, a growing number of organisations had begun to pro-actively consider their own living wage strategy and how best to build it into their longer-term people and investment planning.
For some, this strategy included becoming accredited living wage employers under the Living Wage Foundation’s formal accreditation scheme. For others, concerns about cost and maintaining additional (non-cash) benefits have led to a much more cautious approach.
What effect will the “national living wage” have on all of this?
We Want to Hear From You!
Are you a “living wage” accredited employer? If so, what benefits have you seen from accreditation? If not, what is holding you back? How has the Chancellor’s announcement changed your approach to the living wage?
Attached is a short “tick box” survey addressing these and a handful of other key questions. The survey is quick and easy to complete and should take no more than a few minutes. Responses can be provided anonymously and all answers will be treated in confidence.
We will be hosting a series of sector specific events to discuss the implications of the living wage and how different businesses might need to manage them. The results of our survey will be used to inform those discussions and our wider commentary on this issue.
Your feedback is much appreciated. Thank you.
If you have any questions relating to the new national living wage or would like more information about forthcoming living wage events, please contact Janette Lucas, Labour & Employment partner, on +44 20 7655 1553, or your usual Squire Patton Boggs contact.
