LMI Bulletin (Issue 473)
Produced by the LMI Team at Education Development Trust
LMI Bulletin (Issue 473)
Chester-le-Street company, Gainford Group have started work on developing a new bar and restaurant on the roof top of the Vermont Hotel, Newcastle. They hope to open this in Spring, depending on Covid restrictions, creating 50 jobs. Good to see some investment in this sector given the challenges they are currently facing due to the pandemic.(Bdaily)
According to the report in the HR magazine, from April, Morrisons will become the first UK supermarket chain to pay its staff a minimum wage of £10 per hour, up from the £9.20 minimum for up to 96,000 workers across its stores. The current National Living Wage (NLW) is £8.72 - that's the wage for people aged 25 or over. This increases to £8.91 in April and that the age threshold for the NLW will drop to 23. See the table below for the full update on the NLW and the National Minimum Wage (NMW) which is the rate for all under 23 from April 2021.
The body that advises government about the NLW and NMW is The Low Pay Commission which presents its evidence and recommendations every October. Their summary findings report is a useful insight into the basis for the Commission's decisions and the stakeholder perspectives that exist about the NLW. The target is that by 2024 the NLW will be at 66% of the median earnings - it is currently around 61% - and that it will apply to everyone aged 21 and over. NB - around 2 million workers are on NLW or NMW. This is about 7% of all workers in the UK.
One final point. There is the Living Wage Foundation which campaigns for all workers from 18 to receive the Real Living Wage which they have set at £9.50 per hour. You can visit their site to see which employers have signed up to that.
Mapping Career Causeways: Supporting workers at risk. A new system for supporting job transitions and informing skills policy in a changing labour market
Research carried out by Nesta which looks at the automation of different roles and the skills similarities in other jobs to support those in jobs at risk of automation to different jobs which are under less threat, yet that the individuals skills can still be utilised.
DWP Guidance on Jobcentres
Following the latest lockdown, this is DWP's latest guidance on Jobcentres
National Apprenticeship Week resources
Amazing Apprenticeships have published various resources on their website ahead of National Apprenticeship Week (8th - 14th February). The 'Subject Snapshot Bundle' and the ' Subject Poster Bundle' are useful resources linking school subjects to the world of work.
Glassdoor - best places to work 2021
Glassdoor has published a listing of 'the best places to work in 2021' based on feedback from employees.
this is a ....and finally item. nothing to do with LMI, I am just amazed and delighted that there is someone out there counting fish. You can also get the counts for the Tyne and the Wear.