Since the start of the new financial year in April 2019, the UK has seen businesses have to face two legal financial rises; the national minimum wage and pension contributions rising from 3% to 5%.
But have these enforced increases affected businesses? For smaller businesses, despite financial planning and budgeting it may have meant more of a rise in staffing costs then expected. This may ultimately impact on the business from recruitment point of view and mean that any expansions plans have had to be put on hold whilst the business adjusts to the additional expenses.
For much larger businesses, where staffing cost will be far greater, have these rises meant that costs have now spiraled out of control and possible redundancies are now on the costs in order to continue to afford to keep the remainder of the work force afloat?
Do any changes that you have potentially had to make mean that your business is now or going to struggle with future workloads? If so, why not consider using a temporary worker? Here at Johnson Underwood, we really champion our temps. We have a superb range of temporary people on our books that are looking for roles in and around Northamptonshire right now.
Don’t despair of the increasing cost of staffing, get in touch with Johnson Underwood today and see how we can help you to solve your recruitment problems. Call 01604 626162 or email firstname.lastname@example.org.