National Living Wage!

National Living Wage!

Important Information – Monday 1st April 2019 sees a rise in the National Living Wage.

Increases are as follows:

Age 25+: £8.21 (previously £7.83)
Age 21 to 24: £7.70 (previously £7.38)
Age 18 to 20: £6.15 (previously £5.90)
Under 18: £4.35 (previously £4.20)
Apprentice: £3.90 (previously £3.70)

Further information can be found at: 
https://www.gov.uk/national-minimum-wage-rates

Update on the Love Gin event!

Update on the Love Gin event!

Friday 15th March was Gin Night at the Tillington Hall Stafford. The Love Gin event was sponsored by Intro Personnel with proceeds equally benefiting The Donna Louise Children’s Hospice & Katharine House Hospice, which are Intro Personnel’s 2 nominated charities.

Following a great deal of organising and hard work behind the scenes, from cutting up fruit to keeping thirsty supporters’ glasses full, the venue looked great, 220 attendees enjoyed a hugely successful event and hopefully there were not too many sore heads the following morning!

The final figures will be confirmed very soon but early predictions of the event raising £5K look likely to be smashed! Thank you very very much to everyone who supported the event!

Update on Intro’s new home!

Update on Intro’s new home!

Building work is continuing on the new Intro Personnel office.  A lot of the major  structural refurbishment has been completed and our collage shows the work in progress.  The  top left photograph shows the office last year before the project started.  As you can see, a lot has changed!  We are hopeful that the new office will be ready for us to move into by the summer of 2019 and we will continue to provide exciting updates as we progress towards this.

2018 Budget – A Summary

2018 Budget – A Summary

Philip Hammond presented his 3rd budget as Chancellor on Monday 29th October amidst a backdrop of the supposed end of austerity.  It highlighted a number of interesting points from a business/employment market perspective, not least that wage growth is at its highest in nearly 10 years.

The key points were as follows:

  • The personal allowance threshold for 20% tax will rise from £11,850 to £12,500 in April 2019 – this is a year earlier than planned.
  • The higher rate income tax threshold  for paying tax at 40% will to rise from £46,350 to £50,000 in April 2019.
  • National Living Wage will increase from £7.83 to £8.21 an hour from April 2019.
  • The contribution of small companies to the apprenticeship levy will be reduced from 10% to 5%.
  • Business rates bill for firms with a rateable value of £51,000 or less will be cut by a third over two years.
  • From April 2020, profitable technology companies with global sales of more than £500m will be liable for a 2% digital services tax on UK revenues.
  • Work allowances for universal credit will be increased by £1.7bn.
  • Delayed IR35 taxation changes could result in thousands of private-sector contractors facing higher tax and National Insurance bills from April 2020.

The REC (Recruitment and Employment Confederation) of which Intro Personnel is a proud member, has responded positively to the abovehttps://www.rec.uk.com/news-and-policy/press-releases/rec-full-response-to-the-chancellors-budget

A full summary of the budget can be found athttps://www.bbc.co.uk/news/uk-politics-46017125

Latest Employment News – EU Employment Migration

Latest Employment News – EU Employment Migration

July has seen interesting information released by the Office for National Statistics (ONS) about net EU migration and the effect on the UK job market. In the midst of continuing political and economic uncertainty about Brexit, there has been a fall in the number of EU citizens coming to the UK to look for work.  The Recruitment Employment Confederation (REC) stated that annual EU Immigration for work-related reasons (i.e. for a ‘definite job’ or ‘looking for work’) fell 19,000 from 160,000 in the year ending December 2016 to 141,000 in year ending December 2017.  This was driven by a decrease of 18,000 in EU citizens coming to the UK looking for work.  It is, however, important to point out that the number of people coming to the UK for a definite job (i.e. a confirmed employment opportunity)has remained relatively stable.

There continues to be a major shortage in the number of skilled people looking for work and, as employment is still the most common reason that people come to the UK, it will be interesting to see if this trend continues as we head towards March 2019’s exit date.

Further reading can be found at https://www.ons.gov.uk/ and https://www.rec.uk.com/

Intro Personnel is proud to be a member of the Recruitment Employment Confederation.