How are businesses responding to the rising costs of employing staff?
Recent changes to employment obligations have had a big impact on staffing costs for businesses, which has led to some companies considering cost cutting exercises to try to minimise the impact. The introduction of the National Living Wage and compulsory pension contributions under auto-enrolment are just some of the burdens that businesses have had to absorb.
Max Craft, a Partner in our Employment team discusses how the various changes are having an impact and how some employers are responding to them, including the rise of the so-called "gig economy".
Click here to read the full article in RBS' Mentor magazine.