New Budget, New Challenges: How Employers in Northern Ireland Will Be Affected by Wage and NIC Changes
Published on: 13/11/2024
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Áine O’Hare
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October was a milestone month for the Labour Government’s ‘Making Work Pay’ initiative, with the introduction of the Employment Rights Bill, significant increases to the National Living Wage (NLW), and the increase in Employer’s National Insurance Contributions (NIC). There are certainly a number of positive movements for working people, however, they may come at a cost to employers.

It will be interesting to see how more attractive working conditions impact the economically inactive, particularly those in Gen Z. The number of young people not in work or education has spiked post-COVID and according to the latest data from Northern Ireland Statistics and Research Agency (NISRA) and Office for National Statistics (ONS) this has been particularly prevalent in Northern

Ireland -

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Disclaimer The information in this article is provided as part of Legal Island's Employment Law Hub. We regret we are not able to respond to requests for specific legal or HR queries and recommend that professional advice is obtained before relying on information supplied anywhere within this article. This article is correct at 13/11/2024