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Offset rising National
Living Wage and
National Insurance
costs by maximising
your Numark
membership
Upcoming changes to National Insurance and the National Living Wage will have a big
impact on community pharmacies. While these updates are designed to strengthen social
security and ensure fair pay for workers, we know they also bring financial pressures—
especially in a sector already working with tight margins.
You will find yourselves facing increased payroll costs, adding to the financial strain we’ve
felt in recent years. The hike in National Insurance contributions means higher payments
for both employers and employees, which could affect your bottom line. As personnel
expenses grow, it might be necessary to review your processes, become more efficient, and
possibly delay hiring plans to manage these costs.
The increase in the National Living Wage aims to provide a better standard of living for
lower-income workers, including those in healthcare. While this is good news for employees,
it could result in higher salary expenditures for you. This could lead to some tough
decisions about your operations.
At Numark, we stand with you. We encourage you to make the most of your membership
and the benefits we offer, designed to support your business operations and enhance your
efficiency and profitability. We’re all in this together.
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