A new survey has suggested that the new National Living Wage, set to come into force in April 2016, is sending “shockwaves” through the labour market as employers seek to minimise extra costs.
The report from Manpower surveyed 2,101 employers and found that many were looking to scale back on recruitment over the next year, and were also looking to focus on younger people, as those under 25 will not qualify for the higher wage under the new system.
