Following the Autumn statement yesterday by Philip Hammond
The Government’s new National Living Wage became law on 1 April 2016.
If you’re working and aged 25 or over and not in the first year of an apprenticeship, you are legally entitled to at least £7.20 per hour. From 1 April 2017, the National Living Wage will increase from £7.20 to £7.50.
If you're an employer, you need to make sure you’re paying your staff correctly, as the National Living Wage will be enforced as strongly as the current National Minimum Wage.
You will need to ensure your financial forecasting takes the rise into account and that you consider the pay differentials to reflect your staff qualifications and experience.
Find more information from GOV.UK here and ACAS here.