Important Changes Ahead
There are important changes in employment law coming up in 2017 and beyond which you need to be aware.
To help you to get started, this is what you need to know:
1 April 2017 – Changes to the National Minimum and Living Wages – Following a Government review into the national minimum wage cycle, future changes to the hourly rate of the national minimum wage and the national living wage will take place at the same time in April each year.
2 April 2017 – Changes to Statutory Maternity, Paternity, Adoption and Shared Parental Pay – The rates of pay for these payments will increase on this date.
5 April 2017 – Commencement of Duties Under Gender Pay Gap Reporting – Employers with 250 or more employees are required to calculate their gender pay gap and bonus pay gap and report on this.
6 April 2017 – Statutory Sick Pay Rate Increases – The Statutory Sick Pay rate will increase to £89.35.
6 April 2017 – Commencement of the Apprenticeship Levy – An apprenticeship levy of 0.5% of their wage bill will be paid by all large employers in all sectors to fund apprenticeships.
6 April 2017 – Changes to Salary Sacrifice Schemes – Employers may need to reconsider their benefit offerings as tax savings through many salary sacrifice schemes will be abolished from this date.
April 2017 – Changes to Foreign Worker Tier 2 Criteria – Employers sponsoring foreign workers with a tier 2 visa will be required to pay an immigration charge of £1,000 per worker (£364 for small employers and charities). This will be in addition to existing fees currently paid for submitting visa applications. Additionally, the minimum salary threshold will be £30,000 for what is categorised as an “experienced worker” applying for a tier 2 visa. New entrants to the job market, and some health and education staff will be exempt from the salary threshold until 2019.