Page 18 - P4403.59-V62 numark mag april 5
P. 18

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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                                                                                                                 11/03/2025   10:51:24
         P4403.59-V62 numark mag april.indd   18
         P4403.59-V62 numark mag april.indd   18                                                                 11/03/2025   10:51:24
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