Unless you’ve been living under a rock for the past six months, you’ll no doubt be more than aware that the new regulations regarding National Living Wage will soon be rolled out. From 1st April 2016, workers in the UK aged over 25 earning the current minimum wage of £6.70 per hour will be entitled to a 50p increase.
So your business has been moving in the right direction for quite some time and you’ve realised that your people really are your greatest asset. You know that effective HR practices and procedures can be the cornerstone of strategic growth and you feel like you no longer have the time or energy to manage everything all on your own.
Now that the dust has settled on the new year, it’s time for many leaders to get back to business and start creating their 2016 success story. You’ve hopefully been able to spend some time relaxing over the festive period, so you’re ready to face your new challenges with excitement.
With Christmas creeping up on us, employees all over the country are pulling out the stops to ensure that they’re playing their part in driving sales and keeping happy customers coming back for more. In short, your staff are working hard to help you to get your business to where you want it to be. So shouldn’t you be rewarding them accordingly?
While most people begin to look forward to a little rest and recuperation over the Christmas period, it’s around about now that managers and business owners start to think about the nitty gritty, practical issues that they’ll have to contend with to keep their workforce engaged, motivated, and problem-free.