HR Glossary

What is National Living Wage?

The UK's statutory minimum hourly pay rate for workers aged 21 and over, set annually by the government based on Low Pay Commission recommendations and adjusted each April.

Why it matters in hiring

National Living Wage comes up whenever teams compare candidates, set policy or report on people data. Getting the definition right keeps decisions consistent, which is the same reason springhire scores every applicant against the same criteria rather than on impression.

Related terms starting with N

• Nano-Degree
• National Employment Standards (NES) (Australia)
• National Insurance Contributions (NIC)
• National Insurance
• National Minimum Wage
• Net Pay
• New Hire Checklist
• NHS

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