How does working affect Universal Credit?
With the full roll out of Universal Credit in Norwich many employees will be subject to new rules and possibly reductions in what support they receive. Part-time workers are most likely to be affected by this change.
The Money Advice service has lots of useful information about how working affects Universal Credit.
If you’re self-employed and already claiming certain benefits like Tax Credits or Housing Benefit, you will be eventually moved onto Universal Credit. Find out more about what to expect and what you can do to be prepared.
Universal Credit and employers
Employers should be aware of how their employees will be affected by Universal Credit in order to help ensure the transition is as smooth as possible. Employers can find out more here.
Being a good employer
Pay the Living Wage. The Living Wage is a wage which pays enough for workers to have the opportunities and choices necessary to properly participate in society. It is higher than the national minimum wage.
Support your staff - make sure your staff are getting the support and benefits to which they are entitled.
Help your staff to build up savings: Think about setting up a salary deductions scheme for employees to make savings with credit unions. This helps build up savings (which help smooth out peaks and troughs in their household budgets) against which they can borrow at reasonable rates. Search for local credit unions.