MYHR Consultancy

Compensation and Benefits

Read our latest blog posts to stay up to date with all the latest HR issues.
As the UK economy continues to navigate through various challenges, the minimum wage increase in 2025 looms as a significant change for employers. With the National Living Wage (NLW) and National Minimum Wage (NMW) rates set to rise in April 2025, businesses across the country must navigate this financial adjustment carefully.

We’ve all heard the horror stories of family run businesses resulting in horrendous bust ups and complete estrangement. Yet there are others that are tremendously successful and last for generations. What is the secret of success? Over the years we’ve dealt with a number of grievances that have, sadly, caused pain and suffering to the

It used to be so simple didn’t it? Work, fill up pension pot, take retirement at 60 or 65, draw pension and take endless holidays. Not so nowadays. Some would say that the way we work leads to multiple careers, several pensions and/or Insurance policies and a ‘live for today’ attitude. The demographics also mean

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