Policy News Journal - 2016-17

The Chartered Institute of Payroll Professionals ……………………………………………………………Policy News Journal

 If you’re a tax credits customer, make sure you renew your tax credits claim before the 31 July 2015 deadline or your payments could stop.  Tax credits helplines get very busy in June and July, the lead up to the deadline, so beat the rush by renewing online , securely, at any time of day.  Read your renewals pack carefully when you receive it. It’s important you make sure the details on your claim are right, so that you receive the right amount of tax credits. HMRC make checks, so they could contact us as your employer and ask us to provide details of your hours and earnings.  If you need to complete your renewal, do it without delay to make sure you receive the right amount of tax credits.

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Pay growth for most employees likely to remain stuck in the slow lane 17 May 2016

Many employees are unlikely to see much of a boost to the real value of their pay until at least the end of this decade, according to results of the latest CIPD Labour Market Outlook survey.

The latest quarterly survey finds that employers expecting to make a pay award during the 12 months between March this year and March 2017 plan to award a median pay increase of 1.7%.

The survey of more than 1,000 employers identifies a number of factors that are combining to keep pay growth low, even though hiring intentions remain strong. In response, the CIPD is calling on the Government to be more interventionist in its support and work in partnership with business to help improve organisations’ productivity so they can improve salaries. This is the second quarter in a row when the CIPD’s survey of employers has anticipated a figure below the Government’s official inflation target of 2%. It highlights how low inflation, expanding labour supply and the lack of productivity growth are working in combination to reduce the economic pressure for employers to pay their staff more. In addition, the report finds that government-imposed increases in labour costs – such as the Apprenticeship Levy and increases to the National Living Wage will continue to reduce the scope for employers to raise pay for other workers, while the public sector continues to see wage rises kept to 1% or less.  Median basic pay expectations in the 12 months to March 2017 are 1.7%. Expectations are higher among SMEs (2%) than larger organisations (1%) – large employers are feeling the pinch of additional labour costs  Median basic pay expectations are higher in the private sector (2%) than in the public sector (1%) and voluntary sector (1%)  This quarter’s net employment balance – which measures the difference between the proportion of employers who expect to increase and those that intend to decrease staff levels – has increased to +28, up from the +21 since the previous report  Almost half (49%) of employers say they have vacancies that are hard-to-fill. Among these organisations, the average proportion of all vacancies proving hard-to-fill is 23%. Key findings from the survey results include:

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Petition against high heels dress policy receives over 100,000 signatures 16 May 2016

A firm that sent home a temp without pay for refusing to wear high heels has changed its policy.

The BBC reports that London receptionist Nicola Thorp, 27, says she was told to wear shoes with a "2in to 4in heel" when she arrived at finance company PwC in December 2015.

When she refused and was sent home she set up a petition calling for the law on dress code to be changed.

cipp.org.uk

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