Changes To Employment Law In April
Changes To Employment Law In April Your Small Business Needs To Know
Alan Price, employment law and HR director of Peninsula, comments on the seven key employment law issues for April 2017
A new law introduced on 6 April will require private sector employers with 250 or more employees to report on their gender pay gap each year. Employers are required to take a data snapshot of their pay data on the 5 April 2017 and report on specific calculations by the 4 April 2018. The report needs to be published on the company’s website and uploaded to a government website.
From the 6 April, large employers with an annual playbill of more than £3m are required to pay an apprenticeship levy. This is set at a value of 0.5% of the total paybill with a £15,000 allowance from the government to offset against the payment. The levy will be paid in to a digital apprenticeship account on a monthly basis with employers having two years to spend the money on apprentice training.
3. Increase to minimum pay
On the 1 April, the National Living Wage will increase from £7.20 to £7.50 per hour for workers aged 25 and over. All other National Minimum Wage rates will also increase from the same date to: £7.05 per hour for 21-24 year olds; £5.60 per hour for 18-20 year olds; £4.05 per hour for those over compulsory school age but under 18; and £3.50 per hour for those on the apprentice rate.