Recruitment Robin Ltd’s Post

HMT has announced a pay boost for millions of workers next year, as the National Living Wage will increase from £11.44 to £12.21 an hour from April 2025. There have been significant changes for young workers too, The National Minimum Wage for 18 to 20-year-olds will also rise from £8.60 to £10.00 an hour – the largest increase in the rate on record, and apprenticeship wages will be boosted next year too, as their minimum hourly pay increases by 18.0%, a pay bump from £6.40 to £7.55 an hour.  A positive change for current apprentices or future learners considering apprenticeships as a training route. Read more on the update here: https://lnkd.in/ePcb4Nns #BudgetUpdate #HMT #Apprentice #Apprenticeships

HMT has announced a pay boost for millions of workers next year, as the National Living Wage will increase from £11.44 to £12.21 an hour from April 2025. There have been significant changes for young workers too, The National Minimum Wage for 18 to 20-year-olds will also rise from £8.60 to £10.00 an hour – the largest increase in the rate on record, and apprenticeship wages will be boosted next year too, as their minimum hourly pay increases by 18.0%, a pay bump from £6.40 to £7.55 an hour.  A positive change for current apprentices or future learners considering apprenticeships as a training route. Read more on the update here: https://lnkd.in/ePcb4Nns #BudgetUpdate #HMT #Apprentice #Apprenticeships

£12 per hour for someone who's been through an engineering apprenticeship for 3 years to learn technical skills when minimum wage is only 50p less isn't good enough, so what's gone wrong? As the UK sees ongoing increases in the minimum wage, an interesting trend is emerging: skilled workers are increasingly finding that their pay isn't far above that of unskilled roles. The National Living Wage has risen, which is a positive for low-wage earners, but it’s also squeezed the gap between skilled and unskilled worker pay. Skilled workers, who have invested time and money into training, education, and experience, are finding their pay premiums diminishing. In fact, the average skilled worker in sectors like construction, manufacturing, and healthcare is now earning just 10-20% more than unskilled workers, compared to a much wider gap in years past. For businesses, this may lead to dissatisfaction among skilled employees, potentially causing high turnover or a push for higher wages. To remain competitive and retain skilled talent, companies need to ensure that they properly value the expertise and experience of these workers. If not, they might face recruitment and retention challenges—and the costs that come with them. Let’s not forget: skilled work deserves skilled pay. #WorkplaceCulture #SkilledWorkers #FairPay #Recruitment #EmployeeRetention #HR

Making more funding available to increase salaries for Trainers would be a helpful addition to any strategy. Having spoken to 000's of people across multiple sectors, many would love a career in training but simply can't entertain the idea as they cannot take such a big hit on salary. #apprenticeships #fundedtraining

Whether you’re an employer or employee, the National Minimum Wage and National Living Wage rates are changing in 2024. From 1 April 2024, workers aged 21 and over will be entitled to the National Living Wage. ·       21 and over = £11.44 ·       18 to 20 = £8.60 ·       Under 18 = £6.40 ·       Apprentice = £6.40 Apprentices Apprentices are entitled to the apprentice rate if they’re either: ·       aged under 19 ·       aged 19 or over and in the first year of their apprenticeship Example: An apprentice aged 21 in the first year of their apprenticeship is entitled to a minimum hourly rate of £5.28. Apprentices are entitled to the minimum wage for their age if they both: ·       are aged 19 or over ·       have completed the first year of their apprenticeship Example: An apprentice aged 21 who has completed the first year of their apprenticeship is entitled to a minimum hourly rate of £10.18. If you need help calculating the right minimal wage rates for your employees there’s more here: https://bit.ly/3T8cBSl #NMW2024 #NLW2024 #nationalminumumwage #nationallivingwage #hrsupprt #hradvice #independentHRconsultant #specialistHRsolutionsLtd

Good News Apprentices 😀 Read our blog to find out which rates apply to you! https://lnkd.in/e34FQHaz #NationalMinimumWage #NationalLivingWage #WageIncrease #ApprenticeWage #Apprenticeships #Apprentice #HourlyRate

Do you know your payroll obligations when it comes to #apprenticeship wages? Apprentices are often younger members of the team and have their own rights under employment law. But what do employers need to know? Read more: https://bit.ly/3uEgM0c #Payroll

More entry-level staff leaving roles for better pay, survey finds – but what can employers do if raising salaries is not an option? Read the article from People Management magazine including the latest data from the recently launched ISE Student Development Survey and advice for employers here: https://lnkd.in/dDQSKwHB "If employers can't compete on salary, then talking to younger workers about where they see their career going and how they fit into an organisation can help with retention.” Stephen Isherwood #studentdevelopment #studentrecruitment #earlycareers #futuretalent #graduatecareers #apprenticeships

What's happening with salaries in the insurance industry and why is it so dangerous? In a candidate led market, one thing that becomes abundantly clear is that salaries very quickly become inflated. This phenomenon allows larger companies who are better equipped to absorb those costs to take the talent from smaller and more independent institutions and stunt their growth. Not just that, but when the market shifts back and re-establishes, those candidates get made redundant without a second thought and struggle to find roles at a similar salary levels. The only real way to mitigate the situation is to invest in training up new talent in the industry. We need to do what we can to stop these talent shortages happening. It's bad for everyone and the larger economy as a whole if we don't. It's so important, if you have the capacity, to invest in trainees, apprentices and grad schemes. #GetRecruitedUK

As the demand for skilled trade workers rises, employers play a crucial role in tackling the shortage. Key strategies include: ✔ Investing in Training & Apprenticeships 👷♂️👩🏭 ✔Promoting Careers in Trades 🚀 ✔Addressing Misconceptions and showing the rewarding opportunities 💼 By fostering partnerships and creating more inclusive pathways, we can build the workforce of tomorrow. Read more on how businesses can make an impact: https://lnkd.in/gZD4VP6R #SkilledTrades #WorkforceDevelopment #FutureOfWork #Apprenticeships #InclusiveHiring