Introduction The concept of the Real Living Wage has gained significant traction across the UK, becoming a crucial standard for fair compensation. Unlike the statutory minimum wage, the Real Living Wage is calculated based on the actual cost of living and aims to ensure that all workers receive a wage sufficient to meet their everyday
Introduction The National Living Wage (NLW) is a critical development in the UK’s labor market, aimed at ensuring that workers receive fair compensation for their efforts. Introduced in April 2016, the NLW mandates a minimum hourly wage for workers aged 23 and over, reflecting a commitment to reducing in-work poverty. As the cost of living
Introduction The topic of workforce departures has gained significant attention as the UK faces unprecedented changes in employment patterns. With economic shifts and post-pandemic adjustments, understanding these departure trends is crucial for businesses and policymakers alike. Recent data indicates that both voluntary resignations and layoffs have surged, raising questions about job security and workforce stability.