LIVING WAGE RISE: HOW WILL YOUR BUSINESS REACT? The UK Government announced that the minimum wage, also known as National Living Wage, will increase to £11.44 per hour for workers over 21 from April 2024. The minimum wage is currently set at £10.42 per hour for workers over 23, and to £10.18 per hour for workers aged 21-22. When the new rate takes place in April, this will represent an increase of 9.8% for over 23s, and of 12.4% for over 21s. This is the biggest ever increase in the National Living Wage. The pay boost, worth £1,800 a year for a full-time worker, will benefit 2.7 million workers, according to an estimate from the Department for Business and Trade (DBT). Chancellor of the Exchequer Jeremy Hunt commented: “On 1st April all full-time workers on the National Living Wage will get a pay rise of over £1,800 a year. That will end low pay in this country, delivering on our manifesto promise.” KPI Sales Director Joe Jardine said, “With the cost of employing two people full time on a 40-hour week now in the region of £50,000 a year, businesses need to plan their recruitment meticulously to ensure they get the most value from their human resources. Candidate attraction, recruiting, training and retention will be absolutely key to the profitability of departments, depots and companies as a whole. KPI’s Operations Director Estelle Raybon said, “The challenge for businesses is whether to absorb or pass on the cost, or try a blend of both. It also raises questions of whether to increase other employee’s pay by the same percentage as the minimum wage or not. Either way, businesses will need to become more careful about their recruitment as employment costs rise out of sync with other prices. Increased focus on lowering attrition, maintaining attendance and improving productivity will be even more important than before.”
KPI Recruiting Sponsor The 2024 Staffordshire Chambers Business Awards
Full list of Staffordshire Chamber Business Awards and sponsors: Small Business of the Year – sponsored by Sempar Medium/Large Business of the Year – sponsored by Dains Accountants Entrepreneur of the Year – sponsored by Staffordshire University Employer of the Year – sponsored by West Midland Reserve Forces & Cadets Association The Learning & Development Award – sponsored by Genr8 Developments Professional Services of the Year – sponsored by Newcastle & Stafford Colleges Group Employee of the Year – sponsored by Ornua Foods Sustainability & Environment Award – sponsored by GivEnergy Responsible Business of the Year – sponsored by Rydale Roofing Digital Award – sponsored by Synetics Solutions International Trade Award – sponsored by International Trade Centre for Staffordshire Manufacturer of the Year – sponsored by Lexus Stoke Hospitality, Leisure & Tourism Award – sponsored by KPI Recruiting Start-Up and Step-Up Business Award – sponsored by Staffordshire County Council Innovation, Science & Technology Award – sponsored by NET-WORTH Ntwrk Staffordshire Ambassador of the Year - sponsored by We Are Staffordshire
Staffordshire’s business community gathers once again to celebrate the successes, diligence and innovation of the county’s top business achievers. This memorable annual celebration highlights the special accomplishments and triumphs of companies throughout Staffordshire over the last year and beyond and recognises the county’s contribution in the wider UK economy. A total of fifteen category awards are available to enter this year, and KPI is proud to sponsor the Hospitality award which celebrates businesses which embody excellence many different aspects of the hospitality sector such as customer experience, service innovation and setting industry standards. Staffordshire’s leading recruitment agency KPI Operations Director Estelle Raybon said, “As the county’s leading recruitment agency, a vibrant, diverse and growing Staffordshire economy is important to KPI, which is why we’re delighted to sponsor these awards again. And with our burgeoning KPI Hospitality division, which supplies staff to some of the UK’s favourite venues, it made sense for us to align ourselves to the Hospitality, Leisure & Tourism Award.” This year’s gala awards ceremony will be held on 4 July at Doubletree by Hilton on Festival Park, Stoke-on- Trent. Applications are fast, free, and can be made via the Chambers’ website, here. Chris Plant, Deputy CEO of Staffordshire Chambers, said: “The prestigious Staffordshire Chambers Business Awards honour the accomplishments of local businesses that have showcased remarkable growth, innovation, and impact on the Staffordshire economy during the past year. “I’d like to thank KPI for their invaluable support as sponsors of the Staffordshire Chambers Business Awards. Their expertise and profile contribute immeasurably to the event, helping to make it the biggest and best celebration of business success in Staffordshire.”
Telford branch to re-locate as business booms! KPI Recruiting in Telford continues to go from strength to strength providing industrial recruitment services to some of Shropshire’s, and the UK’s, biggest companies. And after 2 years of spectacular growth, KPI is moving to new offices from their original premises in Wellington which opened in October 2021. Headed by Ali Christmas, KPI Telford has grown from its start up in 2021 to become a key provider in warehouse, driving, production and office staff for businesses throughout Shrop - shire, the midlands and beyond. The new offices, based in Padmore House on Hall Park Way, Overdale, Telford offers KPI more exposure to local business and the space to fulfil the potential. Branch Manager Ali said, “The old premises served us well, but we’re looking to take the Telford branch to the next level. Our lovely new offices will be a real boost for the team and will give us the space to recruit the people we need as the branch continues to take on more business. We’ll be in easy reach of lots of potential new clients.” KPI Telford continues to be highly popular with candidates and clients, boasting a Google rating of 4.8 and a Facebook rating of 4.9 from over 200 online reviews.
Unit 1, Padmore House Hall Court, Hall Park Way, Overdale, Telford, TF3 4LX
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www.kpir.co.uk
www.kpir.co.uk
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