It's been three months since the national living wage was introduced in the UK. The idea was always that the rate would be regularly revised, but Brexit and the power shifts in the major political parties could put the next steps at risk. Matt Cox spoke to Caroline Reilly, Senior Programme Manager at the Living Wage Foundation, to get her thoughts.
On this edition of This Is Money, Editor Simon Lambert and Personal Finance Editor Rachel Rickard-Strauss are in to talk more Brexit fall-out, of course; will Mark Carney’s reassuring tones be enough to steady the ship, as Sterling falls further than we've seen since Walter Mondale was a relevant cultural reference?
We’ll also be looking at property fund lockouts, and why you should NEVER trust them with your pension. And stay tuned to the end as we have a rare win for the little guy, to the tune of £19 Billion!
This is Money is presented in partnership with NS&I, and hosted by Georgie Frost.
On Shop Floor, in association with the Inspirational Development Group, Nick Peters analyses the effect of Brexit on Microbusinesses with Tony Robinson OBE in this time of uncertainty. Kate Jacobs, Editor of HR Magazine, explains how HR departments can provide a vital role in leadership for businesses in the post-Brexit climate. Despite these unsteady times Charlotte Cassedanne, Communications Manager at Power to Change, says Business Communities can unite others and have a positive impact on local people. Charlotte Hollins, who runs the community business Fordhall Farm, explains the story behind the farm and the financial obstacles she had to face to make the it a success. Finally, Kirsten Samuel, Managing Director of Kamwell, highlights the impact of men's mental health problems, particularly suicide, on businesses.
Tony Robinson OBE, Charlotte Cassedanne, Charlotte Hollins, Kirsten Samuel
And we're back for round two of This is Money's Brexit Special, presented in partnership with NS&I. This week, we're going to be taking a closer look at how the referendum will be affecting your own personal finances. We'll also be looking at migration, travel costs, and Bank of England Governor Mark Carney's attempts at reassurance. But it's not all Brexit! Life does, after all, go on. We'll be taking a look at the ins and outs of buying a 2nd-hand car, wonder if the millennials will be able to survive the coming economy, and there'll also be a quiz for keen-eared listeners.
This is Money, presented by Georgie Frost in partnership with NS&I
What do you look for in a new job?
Work life balance; decent pay; a supportive environment; a good pension scheme?
What about free lunch; on site gym; mini golfing; slides instead of chairs?
Recently though we've seen places like John Lewis, Caffe Nero and Zizzi roll back on theirs - citing the minimum wage increase as a factor.
But how important are they anyway? Very according to Perkbox - who specialise in, helping employers and "invest in employees’ happiness"
On this week's Shop Floor, in association with the Inspirational Development Group, Nick Peters looks at presenteeism- people who turn up to work but are not fully engaged in their tasks- with Professor Derek Mowbray of the Management Advisory Service. Michelle McQuaid, psychologist and writer, explores the concept of grit and how it can be applied to the workplace; meanwhile Tony Nevin, Director of Employee Benefits at Mazars, discusses how the Employee Value Proposition can be used as a tool to recruit new talent in businesses. Craig Preston, Managing Director at IDG, expresses his opinions on Brexit and looks over the some of the topics that were covered on the programme this month.
Professor Derek Mowbray, Michelle McQuaid, Tony Nevin, Craig Preston
Sarah Pennells conducts an hour-long special programme on Brexit and the long term consequences that are much harder to predict. Rodney Hobson, Author of 'Shares Made Simple', Broadcaster and Financial Writer, and Justin Urquhart Stewart, Co-Founder of Seven Investment Management, look at the how the markets reacted in the immediate aftermath of Thursday's results. Employment lawyers Gillian Howard and Melanie Stancliffe, from Irwin Mitchell, look at how workplace rights will be affected; while Poppy Trowbridge, Consumer Affairs Correspondent for Sky News, and Mark Weedon, from Property Partner, look at the consumer aspects of Brexit. Jennie Kreser, Partner in Pensions Law at Silverman Sherliker, focuses on pensions and whether they will change.
On this week's Shop Floor, with the Inspirational Development Group, Nick Peters looks at bullying at work with Joeli Brearley, founder of Pregnant Then Screwed, who provide support and advice for women who have been badly treated at work either on returning from maternity leave, or when announcing their pregnancy. Beverley Sunderland, from Crossland Employment Solicitors, debates whether managers are armed with the right tools to deal with cases of bullying. Professor Sir Cary Cooper, of the Manchester Business School and the CIPD, explains how emails can affect our productivity and well-being, while Barry Dudley, of Green Square, discusses the Microsoft's recent purchase of LinkedIn.
Joeli Brearley, Beverley Sunderland, Professor Sir Cary Cooper, Barry Dudley
Tony Wheeler, Co-Founder of Lonely Planet, joins Sue Dougan on the programme this week. He tells Sue how he set up the company with his wife Maureen. Speaking of his adventures all over the world, Tony shares some of the tracks that accompanied him along his travels.
Gender pay gap is still alive and kicking, with women earning 12% less than men. So how do you go about getting a pay rise or a promotion? Sarah Pennells is joined by Fiona Davis, Director for Women in Retail; Penny Parker, from Laurence Simons; and Vanessa Vallely, founder of WeAreTheCity and WeAreTheCity. Together, the guests discuss why women are less likely to ask for a pay rise, and why they are reluctant to come forward.