The National Living Wage

On 1st April 2016 the Government’s new National Living Wage will become LAW. you’re working and aged 25 or over and not in the first year of an apprenticeship, you’ll be legally entitled to at least £7.20 per hour.

If you’re an employer, you’ll need to make sure you’re paying your staff correctly from 1st April 2016, as the National Living Wage will be enforced as strongly as the current National Minimum Wage – which still applies to those aged under 25

You can find out more by clicking here – there are sections for Workers and Employers to find out who is eligible.

Redundancy Pay

Redundancy pay

Job Centre3In these very uncertain times when budgets are tightly stretched, you might be faced with the prospect of being made redundant.  You will normally be entitled to statutory redundancy pay if you’re an employee and you’ve been working for your current employer for 2 years or more. 

You’ll get:

  • half a week’s pay for each full year you were under 22
  • one week’s pay for each full year you were 22 or older, but under 41
  • one and half week’s pay for each full year you were 41 or older

Length of service is capped at 20 years and weekly pay is capped at £475. The maximum amount of statutory redundancy pay is £14,250.

You can calculate your redundancy pay here

Budgeting and Cash Flow Forecasting

Wednesday 24th February 2016, 09:45am  – 12:30pm, at the Bosnia-Herzegovina Centre DE1 1LN

This session will show you how to prepare a budget or cash flow forecast, and how it can be used to control the funds.  This is an area of increasing importance which all groups need to be able to understand.  This training session is a MUST for every organisation, large or small.

Click here to book your place