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The 2024 Budget Challenges

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Content provided by ReThink Productivity. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by ReThink Productivity or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

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Unlock the secrets to navigating the recent economic shifts with us as we dissect the impacts of the recent budget. Discover how the 6.7% rise in national minimum wage, cessation of Covid-era business rate relief, and increased employer national insurance contributions are rewriting the playbooks for retail and hospitality industries. These sectors, which are heavily reliant on national minimum wage workers, face a unique set of challenges. Businesses are bracing for recruitment slowdowns and inflationary pressures, with major players already strategizing to tackle billions in additional costs. We share valuable insights into salary sacrifice schemes and other proactive strategies to help mitigate these financial burdens

#theproductivityexperts
Register for the 2025 Productivity Forum
Find us in the Top 50 Productivity Podcasts
Connect to Simon on LinkedIn
Follow ReThink on LinkedIn

  continue reading

Capitole

1. Budget Impact on Business and Productivity (00:00:00)

2. Improving Efficiency and Reducing Costs (00:07:02)

3. Supply Chain Trade-Offs and Opportunities (00:15:39)

264 episoade

Artwork
iconDistribuie
 
Manage episode 449598063 series 2794254
Content provided by ReThink Productivity. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by ReThink Productivity or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

Send us a text

Unlock the secrets to navigating the recent economic shifts with us as we dissect the impacts of the recent budget. Discover how the 6.7% rise in national minimum wage, cessation of Covid-era business rate relief, and increased employer national insurance contributions are rewriting the playbooks for retail and hospitality industries. These sectors, which are heavily reliant on national minimum wage workers, face a unique set of challenges. Businesses are bracing for recruitment slowdowns and inflationary pressures, with major players already strategizing to tackle billions in additional costs. We share valuable insights into salary sacrifice schemes and other proactive strategies to help mitigate these financial burdens

#theproductivityexperts
Register for the 2025 Productivity Forum
Find us in the Top 50 Productivity Podcasts
Connect to Simon on LinkedIn
Follow ReThink on LinkedIn

  continue reading

Capitole

1. Budget Impact on Business and Productivity (00:00:00)

2. Improving Efficiency and Reducing Costs (00:07:02)

3. Supply Chain Trade-Offs and Opportunities (00:15:39)

264 episoade

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