Key employment law changes in 2016
As the year end approaches, we have listed the employment law changes that we’ll see in 2016:
- April 1 A compulsory minimum wage premium for all staff over 25 years of age comes into force referred to as the ‘national living wage. Employees who work for 2 or more hours a day for 8 or more consecutive weeks must be paid at least £7.20.
- April 1 Those earning over £100,000 GBP in the public sector will not be keep exit packages if returning to the area in the public sector within 12 months.
- April 6 Skilled migrant workers need to earn at least £35,000.
- April 6 Employer national insurance contributions for under 25 are abolished up to the upper earnings limit (£815).
- April 6 Income tax personal allowance increases from £10,600 to £11,000. The threshold for higher rate tax pay rate rises from £42,385 to £43,000.
- April 6 The ability to contract out of the state second pension ends.
- At some point: All employers with over 250 employees (not just those in the public sector) will have to carry out an equal pay review and publish their gender pay gap. The details are still being worked out.
- To be confirmed: Caste to be added as a form of discrimination