Understanding the 2024 Budget’s National Insurance Changes for Employers
The recent 2024 budget includes a significant shift in employer National Insurance (NI) contributions, with the rate increasing by 1.2 percentage points to 15%, and a lowered earnings threshold now starting at £5,000...
Following the Labour Party's victory in the General Election on 4 July 2024, the Chancellor Rachel Reeves presented the government's first Budget on 30 October 2024
Budget 2024 Key points
Personal taxes
·Rates of income tax and National Insurance (NI) paid by employees, and...
The most challenging part of our recruitment consultant's role is when a candidate, who’s been unhappy in their role for months, finally gets offered their dream job, only to be swayed by a counteroffer or promotion from their current company and decides to stay!
It’s incredibly...
There are a number of reasons why it’s wise to hire a temp instead of a permanent worker. Here are some of the pros:
Immediate Availability
If you need help right away and you don’t have time to recruit, sift through resumes, and hold interviews, then you should...
In the dynamic landscape of today's job market, traditional career paths are evolving, and individuals are seeking diverse avenues to enhance their professional growth. One such avenue gaining prominence is temporary work. While temporary positions were once viewed as mere stopgaps, they...
From 1 April 2024, workers aged 21 and over will be entitled to the National Living Wage, previously was 23 and over
Aged 21 and over – from £10.18 to £11.44 per hour
Aged 18 to 20 – from £7.49 to £8.60 per hour
Under 18 – from £5.28 to £6.40 per hour
Apprentice - from...
Wishing everyone a peaceful and blessed month from all at Absolutely Recruitment
