Becoming a living wage employer

Table of contents

• What exactly does it mean to be a living wage employer? What are the risks/rewards of becoming a living wage employer?
• How can businesses cope with the increase in payroll?
• What are the tax implications for businesses?
• How might a push to become a living wage employer affect other work benefits (pensions etc)?
• How can lawyers assist businesses in structuring a move to becoming a living wage employer?

Article summary

Employment analysis: Several companies, including Starbucks and Lidl, have recently announced voluntary decisions to pay their employees a ‘living wage’. But what is the living wage and how does it differ from the minimum wage? Nick Jones, a partner at Lyons Davidson, explains the ins and outs of the concept and the practical impact on employers.