Tuesday, October 8, 2019

Korn Ferry: A 30% Pay Raise in the UK?

By SIMON CONSTABLE

The United Kingdom is bracing for a major change, something that will upend how many firms do business.

No, it isn’t Brexit, or even Brexit related. Instead, the UK is closing in on raising its minimum wage by about 30% over the next five years. The ruling Conservative Party proposed a wage hike late last month, and it’s a goal of the opposition Labour Party as well. Read more.

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