Businesses face pressures from increased national insurance contributions, leading to potential job losses and decisions like staff reductions, recruitment freezes, and limited pay increases.
Employees may feel anxiety about job security and frustration over financial uncertainty, prompting them to consider joining trade unions for support during this challenging time.
Employers must engage in transparent communication and create forums for dialogue to help employees manage stress and navigate the fears related to layoffs or pay cuts.
How businesses respond to increased NICs affects long-term workforce dynamics; proactive support and resources can help mitigate negative impacts on employees.
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