The 2024 Budget Challenges
Episode 158 of the ReThink Productivity Podcast podcast, hosted by ReThink Productivity, titled "The 2024 Budget Challenges" was published on November 11, 2024 and runs 17 minutes.
November 11, 2024 ·17m · ReThink Productivity Podcast
Summary
Send us Fan Mail Unlock the secrets to navigating the recent economic shifts with us as we dissect the impacts of the recent budget. Discover how the 6.7% rise in national minimum wage, cessation of Covid-era business rate relief, and increased employer national insurance contributions are rewriting the playbooks for retail and hospitality industries. These sectors, which are heavily reliant on national minimum wage workers, face a unique set of challenges. Businesses are bracing for recruitm...
Episode Description
Unlock the secrets to navigating the recent economic shifts with us as we dissect the impacts of the recent budget. Discover how the 6.7% rise in national minimum wage, cessation of Covid-era business rate relief, and increased employer national insurance contributions are rewriting the playbooks for retail and hospitality industries. These sectors, which are heavily reliant on national minimum wage workers, face a unique set of challenges. Businesses are bracing for recruitment slowdowns and inflationary pressures, with major players already strategizing to tackle billions in additional costs. We share valuable insights into salary sacrifice schemes and other proactive strategies to help mitigate these financial burdens
#theproductivityexperts
Register for the 2026 Productivity Forum
Find us in the Top 50 Productivity Podcasts
Connect to Simon on LinkedIn
Follow ReThink on LinkedIn
Similar Episodes
Mar 26, 2025 ·39m
Feb 26, 2025 ·37m
Jan 24, 2025 ·31m
Dec 20, 2024 ·32m