Workers face potential pay freezes and even cuts amid Labours Autumn Budget - London Business News | Londonlovesbusiness.com
Briefly

The GPA believes that the most significant of these additional tax changes is likely to be an increase in National Insurance contributions, which can impact employees' salaries.
Employers, facing an increase in National Insurance contributions, may choose to recoup their losses by freezing or reducing employee salaries and benefits.
If an employer NI contribution increase is announced, employees need to prepare for the possibility of pay cuts or diminished benefits from employers.
A proposed +1% increase in employer contributions could raise an estimated £8.5bn a year for the government, indirectly affecting workers' take-home pay.
Read at London Business News | Londonlovesbusiness.com
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