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What is the Minimum Wage in Georgia?

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Different states find it their prime duty to set minimum wages for hardworking employees. As with this essential step being implemented everywhere, it’s sometimes difficult for employers to stay informed about the payments. We have written this article to help you know every important thing about minimum wage in Georgia.

The state hasn’t increased the salary rate per hour in these recent years, and it’s still lesser than the defined rate by Federal Government. The minimum wage in Georgia was $6.55 before 2008, which raised to $7.25/hour by 0.7 dollars. This law of the lowest possible pay rate every hour is eligible on companies with six or more workers.

Let’s talk about the current Georgia situation below.

Review the Minimum Wage in Georgia for 2021

The Federal Fair Labor Standards Act (FLSA) counters the particular state’s law dealing with the minimum wage. Georgia finds it just to offer a rate of 5.15 dollars to its employees, while the FLSA claims that every employee should at least earn $7.25 every hour. This way, the federal decision overrides the minimum salary fixed by Georgia. Besides this, the federal wages surpassing the law of Georgia also hold importance for its exemptions. Following are the few exemptions by the Federal wage rate per hour:

1. People who fall under 20 will be paid 4.25 dollars/hour as the training amount for the initial ninety days of service.

2. According to the law, the minimum tipped amount for employees is $2.13/ hour, which extends up to $5.12/hour as the maximum tip credit.

3. The students earning to meet their needs are paid almost 85% of the minimum wage, which calculates to be $6.16 for an hour. It is only applicable when the respective student worked for twenty hours a week.

Discover the Rules Applicable for Georgia’s Overtime Minimum Wage

Many workers around the world prefer serving more hours on work to earn more. These excessive duty hours than usual are referred to as overtime, and the state pays its employees accordingly. If a worker served for more than forty hours a week, according to FLSA, he is entitled to get an overtime pay rate by the employer. Most regions have specified an hour limit for overtime working, but that’s not the case with Georgia.

Generally, an overtime salary is 1.5 times the original minimum wage rate per hour for all employees. So with this under observation, Georgia has a minimum overtime wage of $10.88/hour. If you are employed in any company in Georgia and worked for more than 40 hours in seven days, you are eligible to get 1.5 times more amount than your regular salary.

Who Are Eligible for This Overtime Minimum Wage?

The Fair Labor Standards Act ensures the calculated overtime amount to low-grade workers spending their maximum time serving. If you fall under employees manually working, such as in construction, as a cashier, or industrial attendants, you’re eligible to get the extra amount.

List of People Exempted to Get Overtime Salary in Georgia

There are a few exemptions not getting the overtime salary because of already being paid a handsome amount. The government wisely set rules and excluded people with bright futures to benefit themselves from overtime salaries. According to a survey, almost 50 million workers cannot get the overtime minimum wage in a population of 120 million employees. Let’s look at the list of exemptions below:

·         Whitecoat professionals, administrative, and other such reputed designations

·         A Section 13(a)(1) by FLSA excludes the workers who are already earning a minimum of 455 dollars every week.

·         All salesmen, many independent contractors, software-related employees are those people who earn by setting their own working hours, so also excused.

·         Agricultural workers, transportation employees fall on the list.

You can further check the details on the official website of the Department of Labor in Georgia.

Bottom Line

Georgia doesn’t seem to increase the minimum wage in the coming years. If this step is initiated, it’s a huge favor for the economy of the state. The government should think about creating something that benefits everyone. A study revealed that if the federal wage rate increases by $2.85, calculating to be $10.10 every hour, it can boost up the market to 22 billion dollars. They should open up the books to generate better opportunities and enjoy a wealthy life!

How has Health & Safety in the Workplace Improved?

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It is the responsibility of the employer to provide a safe working environment for their staff and there are dangers and hazards in every workplace. Health and safety are of huge importance in every industry and this is an area that has undergone significant change over the years to protect employees.

The Industrial Revolution

The working conditions during the industrial revolution would shock by today’s standards with people and even children working in hazardous factory conditions with long hours and poor pay. Serious injuries and fatalities were common in these times as a result of this, which eventually led to the Health and Morals of Apprentices Act 1802 (also known as the Factory Act). This was a major step forward by requiring factories to take steps to protect workers, including limiting working hours and improve working conditions.

The First Lawsuit

The Factory Act led to an increase in regulations in the years to come, including the idea that an employer had a duty of care to protect staff after an employee sued his employer after suffering serious injuries following a wagon cracking and overturning as a result of overloading by the employer in 1835 – this was the first time that an employee sued their employer over a work-related injury. The Employer’s Liability Act 1880 then enabled workers to seek compensation for injuries resulting from negligence of a fellow employee which led to a flurry of further acts and reforms.

Health & Safety at Work 1974

The next major landmark moment came in 1974 with the Health & Safety at Work Act. This became a revolutionary act that formed the basis for health and safety legislation all around the world and spread across all industries. Under the Act, both employer and employee were responsible for ensuring health, safety, and wellbeing throughout the workplace and saw an incredible 73% reduction in the number of workplace fatalities between 1974 and 2007.

Health & Safety Today

Health and safety has come a long way over the years, but employers still need to make sure that this is a priority and that they are doing all that they can as accidents do happen and if someone is injured they may want to contact a no win no fee solicitor. Improving health and safety should include carrying out regular inspections, creating a health and safety plan, maintaining records, and providing staff training.

Employers need to do all that they can to protect and look after their employees and there have been huge strides made over the years to provide greater protection for workers.

What is the Minimum Wage in Louisiana

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The minimum wage is the least wage that every employer needs to pay to the employee for their per-hour services. The wage in Louisiana is $7.25 per hour and has been more or less the same for the last few years.

The average hourly wage in Louisiana indicates that if you are an employee in this state, the salary per hour that you should at least accept is the $7.25 declared by the federal government. So if your employer is paying you anything less than the minimum wage, he is breaking the federal government’s fair labour standard act.

Do you know the living wage in Louisiana?

It is $14.06 per person. So what does this indicate? It basically tells you how much you require to acquire the basic necessities of life, including food, shelter, and other things for a satisfactory living standard.

By setting up the minimum hourly wage rate to $7.25, the federal government does not assure Louisiana’s people’s basic quality of life.

Do you know what state has the lowest minimum wage?

It’s Louisiana.

The economic crises in the state account for the lowest wage rate in the state for years.

You might be wondering why the wage in Louisiana is very low compared to other states of the USA and when this will change. Well, I have good news for you. With the change in the central government and the power in the hands of Joe Biden, Louisiana’s fate is going to change. Want to know how? He has proposed to increase the average hourly wage in Louisiana from $7.25 to $15.

So you might already know what does that mean?

This increase means you have more money than the expenses you have been earning while living in Louisiana. Better living standard, exposure to luxuries, savings, investments, future security are just a few of the many benefits that will be opening for You, the people of Louisiana, after the proposal by Joe Biden.

If you are a business owner, you better prepare for any minimum wage rate change in the future. Hire an accountant and a financial expert, and he will guide you on how to prepare for the increased wage rate in Louisiana in the upcoming years.

If you can involve technology in business, you are good to go. Technology is a one-time investment that will certainly save you time and money in the future. Adopting technology today will lead you to save money and time in the future. If the fair labour standard act changes in the future, having computerized work will not affect you.

Louisiana minimum wage increase will surely change the living standard of the state. If you are one of Louisiana employees, you for sure know what this change will mean. With the argument presented by the state’s authority that the minimum wage in Louisiana is not the living wage, you can expect the change sooner.

You might be thinking of how the business can afford the increase in the wage rate. Well, you are right. They can’t. So the federal government is not only required to increase the wage rate, but it also needs to provide fundings to businesses to make them capable of expenses.

Louisiana is far behind the world. The living wage in Louisiana is high in comparison to the minimum wage rate. The minimum wage rate will surely increase in the future, and for that, you, the citizens of Louisiana, should get ready to start living a quality life.

What is the Minimum wage in Tennessee?

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The minimum wage is the lowest amount of money paid by an employer to their employees. It is the legal requirement, and laborers get paid minimum wage or more than this. The minimum wage legislation was passed in the 20th century and is now a legal requirement in many countries.

In America, the national minimum wage was created in 1938 and is still effective. The current federal required minimum wage is $7.25 per hour of work. But in the United States, different states are allowed to set minimum wage according to their standards.

The states are divided as follows based on their minimum wage regulation:

  • The states with higher minimum wage than federal’s required minimum wage
  • States that have the same statutes of explicitly of the minimum wage as the federal government
  • States without any minimum wage standard or statute, these states automatically have the
    same minimum wage statute as federal
  • Those states that have a lower minimum wage than the federal government’s statute, but it is
    only applicable for specific jobs

Tennessee is one of those states that does not have any minimum wage statute and has the same minimum wage as the federal one. The minimum wage of Tennessee is $7.25/hr. It applies to all the employees except students, employees that get tipped, and employees working exempt occupations.

There is no particular law for minimum wage in Tennessee, but a promised wage law exists. It states that employers should pay the promised wages to the employees. This law ensures the employees get paid, and the payment is not under $7.25/hr.

Even though there are no plans to implement a state law for minimum wage in Tennessee, some talks are going around. Since January of 2020, the act called the Tennessee Minimum wage act is under discussion. If this act gets approved, the minimum wage of Tennessee will raise to $15/hr.

Although many people would wish that this act passes, there is a long way to happen. If the federal minimum wage goes higher than the minimum wage in states like Tennessee will also rise. As good as it will be for the employees, the business owner might need to make some changes.

A business that must pay Minimum wage

According to the Fair labor standards act, a business with two or more employees and have an annual sale of $500,000 should pay minimum wage. It can be any form of business or labor if the enterprise fulfills the condition the minimum wage statute applies.

The business under this law is individuals or enterprises that the Department of Labor defines as interstate commerce. The legal requirement of paying minimum wage applies to all the business. But some jobs are exempt from getting paid minimum wage.

Exemptions

Minimum wage is a legal requirement, but certain employees get exempted from getting it. Employees like executives, people in administrations, and professionals that work as outside salespersons are exemptions. It is because these employees can bargain their wages and have higher salary requirements.

Some exemptions are also present, in which case the employees get paid more than minimum wage.

These exemptions include students working part-time and employees that get tipped. Sometimes people with disabilities and tipped employees may get a lesser amount of money than minimum wages.

In case The Tennessee minimum wage act passes, there are some things you need to look out for as a business owner. Other than the exemptions mentioned above, you will need to reevaluate your staff and notice which employees get paid weekly or monthly.

Another thing you need to do is to hire the best employees that give maximum output worth the wage.

Small businesses try to recruit employees with good potential. It would help if you had a good team and perfect management to ensure that your business prospers in any case.

Many families live under the poverty line in Tennessee, as the average wage is just a little more than the minimum wage. The average wage is about $14.84 per adult, which is the living wage. If the labor wage or minimum wage increases, the poverty line people will get a huge benefit.

Tennessee’s minimum wage is the same as the federal government’s, but there will be a significant rise if the act passes. The change is not supposed to happen incrementally, but at once, that will help families struggling.

How Common are Injuries in the Workplace?

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A workplace injury can be an enormously costly thing. Depending on the severity, it might put the affected person out of action for weeks, months, or even longer. In some cases, the workers might have to seek other forms of work – and they might even seek legal redress.

According to the Health and Safety Executive, the annual cost of work-related injury in 2018/2019 was around £5.6 billion. This includes around 6.3 million working days lost. As such, there’s not only a moral imperative to improve safety standards, but a financial one, too.

What are the most common forms of workplace injury?

The most common source of workplace injury is a slip, trip or fall on the same level, which amount to 29% of total injuries. You might add to this figure the 8% that result from falls from height, while bearing in mind that the injuries sustained in this way tend to be a great deal more serious. Injuries while handling, lifting and carrying account for 19%; being struck by a moving object, like a warehouse forklift, accounts for 11%.

Around three quarters of workplace injury lead to less than a week’s downtime, though the minority can be much longer than that.

What’s the trend over time?

According to HSE figures, the rate of injury is trending downwards, though there are signs that this decrease is plateauing. These figures are taken from the Labour Force Survey and extrapolated to cover the entire UK workforce, so they can be taken with a grain of salt.

Which are the most dangerous industries?

Several industries stand out as having a significantly higher injury rate. These are agriculture, forestry and fishing; construction; manufacturing; vehicle repair; wholesale retail; and food service. Employers in these industries would be well advised to take particular measures to ensure the safety of the workplace as a whole.

If you’ve been injured and don’t believe that the work environment was made sufficiently safe, then you might seek the services of a personal injury solicitor to obtain a remedy.

Reducing the chance of an injury occurring

Now that we know all of this, how can we reduce the likelihood of an injury in the workplace?

Risk Assessment

Every workplace is different, and therefore it’s difficult to prescribe general safety remedies which apply equally to everyone. The first step for ensuring safety should therefore be a risk assessment – list all of the areas where an injury might occur, and then take steps to remedy them.

PPE

Staff should be given the equipment they need to protect themselves. This might mean facemasks, goggles, protective gloves, or substantial work boots.

Training

The right training can prevent injuries before they happen. In physical work, this might mean yoga and stretching; or it might mean having procedures in place which get rid of trailing cables, and which prevent workers from lifting heavy loads alone.

What is the Minimum Wage in Indiana?

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The United States either set up its own state minimum wage or go with the Federal minimum wage law. Indiana is one of the states that go with the Federal minimum wage. The Federal minimum wage has been adopted by Indiana which happens to be $7.25 per hour. These wages are planned at the state level considering the customer price index.

Indiana Minimum Wage Law

Employers follow the Indiana Minimum wage law while paying their employees. It is advised to pay the wage per house. In the case of overtime, the pay rate is 1.5 times the normal wage. Indiana Minimum Wage Law also commands employers to prepare a statement that has the record of the working hours, pay rate, overtime, and deductions.

Indiana Minimum Wage Poster

The Indiana Minimum wage poster is important for the Federal labor law as it has devised working hours for the laborers. The Fair Labour Standards Act calls for this wage poster so that the employees are aware of the overtime regulations and wages. As Indiana’s income comes from agricultural, farming, and mining industries, it is important for the employees to know the regulations devised for overtime and labor forces.

Indiana has been ranked 35th nationwide when economic growth was evaluated for the states. Circumstances are changing in Indiana if we consider economic grounds. The wage was increased by $0.6 in 2008. Since then there has been no rise in the wage.

The average minimum wage in Indiana is $7.25 per hour. Although there are some exceptions when we are considering the minimum wage per hour. These exceptions vary with the nature of the employees.

  • Tipped employees have a $2.13 minimum wage. $5.12 tip is granted to the tipped employees to make a total of 7.25 per hour.
  •  College or school students get 85% of Indiana’s minimum wage per hour if they are part of a work program.
  • If an employee is new he or she receives $4.25 an hour for the first 90 days. It is usually known as the training wage.

These wage policies make a balance in society.

Bill Passed by the Indiana General Assembly

Indiana General Assembly has passed a bill for raising the wage per hour. It is proposed that the wage may be increased to $10 per hour with effect from 30 June 2021. This raise has been planned statewide. It may rise to $13 by 2022 and to 15 by 2023. President Joe Biden is trying his best for this legislation to be approved. But the demand is still on hold. Although things are expected in the favor of Indiana as 20 states have expected a rise in their wages per hour.

Changing Dynamics in Indiana

 Since Bill has been passed for expecting a rise in the wages, the businessmen in Indiana may have to strategize considering the dynamics in the field of finance. This calls for certain objectives which must be adopted by the people of Indiana. These objectives may include

  • Better Hiring strategies must be made by the businessmen. As the wages per hour may change this year, intelligent businessmen should lay out the policies and strategies for the number of employees they have to hire this year.
  • Setting objectives and consultation can result in better business growth
  • It is advised to consult business liaisons or Local chambers of commerce to have an idea of the changing dynamics in Indiana. These consultations can help in knowing the changing wages policies in Indiana.
  • Employee turnover can be expensive as the income policy is going to change with time. It is therefore advised to set a standard strategy to avoid employee turnover.
  • The changing economic dynamics call for the updated technology.
  • It is also advised to automate payroll.
  • Employers must get an EIN (employer identification number) issued in Indiana.
  • Employers should consult their lawyers about the changes in the bill passed in the Indiana Assembly

Factors affecting the Changes in Wages in Indiana

Customer price index

It accounts for the price of an average weighted basket of market goods used for household purposes. As the prices vary in the market, the strategists have to advise the government to enhance the wages. Due to the pandemic, the Customer price index has increased.

Poverty threshold

Figures have shown that 11.9% of the population in Indiana has lived below the poverty lines. The poverty threshold is below the annual budget in Knox (a city in Indiana). Hence the government and the policymakers devise the wages keeping in mind the poverty threshold.

Labour Force survey

Data is gathered on Indiana’s official labor force and the wages are recommended accordingly. Employment rate and inflation also determine the minimum wage per hour in Indiana.

Gross regional Domestic product GDPR

It is the measure of the size of a region’s economy. It gives us an idea about the economy and needs of the people of Indiana. Policies are devised considering the GDPR of Indiana.

The Health Care Industry Needs to Collect Debt the Right Way

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It’s a common misconception that the American health care industry is making money hand over first during the COVID-19 pandemic. On the contrary, the American health care industry has suffered significant shortfalls, and many clinics and hospitals have been forced to close with over $200 billion in losses.

The COVID-19 pandemic has filled hospitals beyond capacity and forced them to cancel elective procedures, like joint replacements, tumor removals, and cardiac surgeries, which make up nearly half of a hospital’s revenue.

What’s more, the high level of unemployment rates has resulted in more invoices going to collections.

Ethical Medical Collection Agencies

Of course, hospitals need to recover their revenue in order to meet their operational costs. Here, many turn to debt collection agencies with ethical medical collection solutions to recover payments from former patients the right way.

Aside from taking a principled approach to debt collection, good medical debt collection agencies have many of the following characteristics:

  • They have experience working with hospitals, clinics, and other health care organizations.
  • They offer complete HIPAA-compliance to preserve the security and privacy of patient data.
  • They carry a no-complaint policy.
  • Their staff is experienced, knowledgeable, licensed, professional, and empathetic.
  • Complete transparency through progress reports.
  • A + rating from the Better Business Bureau (BBB).
  • They have affiliations with reputable medical associations for a unique insight into the debt recovery demands during the COVID-19 pandemic.
  • They carry testimonials from health care professionals and patients about the agency’s diplomatic and compassionate approach.

Pre-Collection Services

Many hospitals and clinics are outsourcing all their collection need to debt recovery agencies that can represent them professionally with zero patient complaints. Here are some pre-collection services that medical recovery agencies offer:

  • Patient billing
  • Telephone follow-ups
  • Insurance follow-ups
  • Patient Q&A

By outsourcing their busy-work to competent professionals who convert unpaid invoices into cash for a living, the health care industry can concentrate on patient care, finding efficiencies, and finding ways to survive during the pandemic.

What Is the Statute of Limitations on Medical Debt?

All types of debt, including medical, has a statute of limitations. The statute depends on the nature of the debt and local state laws and can range from three to ten years. Once the statute has been surpassed, a health care facility can’t take further legal action over the debt. That being said, a health care organization can still contact the patient about the debt, even after the statute has been exceeded.

Usually, there’s no need to pursue legal action over medical debt. Most patients want to pay their dues and simply victims of circumstance. Many are willing to cooperate with debtors and debt collection agencies to find a way to clear their debt.

Why Should I Partner with an Ethical Medical Debt Collection Agency?

Although it’s essential for any organization to collect revenue, it’s important to partner with ethical collection agencies because some agencies take things too far. They may harass patients, lie to them, blackmail them, or threaten them. Not only are these tactics immoral, but they’re also against the law.

Use the right methods to recover the medical debt in order to maintain your reputation and your relationships with your patients. Aggressive tactics are simply uncalled for in the age of COVID-19.

The Technology That Really Keeps Factories Running

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It’s easy to sit at home in lockdown ordering things online and take for granted how consumer goods are produced. Indeed, remaining home is the best thing you can do now, so you couldn’t see the factory floor behind your favourite products even if you wanted to.

After learning about the processes and the equipment that keeps factories churning, you’ll have some renewed appreciation for what arrives at your door. Please continue reading to learn about some of the most important technologiesand processes that keep factories running today.

CMM Machines

Have you ever wondered how consumer goods produced in North America, where labour costs are higher than overseas, all manage to meet or exceed a standard of quality? Coordinate measuring machines, more commonly known as CMM machines, play a huge role by automating quality control on the production line.

Industry leaders like CMMXYZ have CMM machines for different sizes and purposes, from Vision and Sensor systems that inspect tiny parts to Gantry CMM machines that inspect parts used by the aerospace industry for spaceships, in addition to planes and cars.

Today’s CMM machines contain automationsoftware that allows them to communicate with each other—if a CMM machine detects a flaw in a part or object, it can alert another machine further up the production line. CMM machines with advanced software reduce maintenance costs as well as labour costs.

If your factory doesn’t have a CMM machine, consider buying one that suits your company’s and products’ needs.

Automated Plants

Some factories contain some automated equipment, while others are basically fully automated. The Siemens Electronic Works Facility in Amberg, Germany, is one such example.

The Siemens factory produces 950 different products from over 10,000 different materials and 250 suppliers. The key to creating such technologies is to build a dense mesh of technologies that integrate and cooperate so they work more efficiently as a whole.

Still, the plant hires 1,100, suggesting that even the most automation requires human employees at some point.

Hygiene

Workers are still the main driver for how things in factories get built. Especially right now, hygiene is playing a huge role in keeping workers safe and factories going.

From face masks, plexiglass protectors, and hand sanitizers, ensuring that workers are safe has never been more important for everybody’s collective health. Technology doesn’t have to be modern and cutting-edge to be invaluable, and there’s nothing more crucial right now than safety.

Obviously, practicing good hygiene is mandatory from a health and safety perspective during a pandemic, but there are also financial repercussions for companies that fail to keep their factories a safe place to work. The last thing any business owner wants is a COVID-19 outbreak in their factory.

Between advanced automation found in CMM machines and automated plants to keep things efficient and even older things like hand sanitizer to keep working conditions safe, stay on top of new trends and old stalwarts to keep your factory moving.

How to ensure employees are protected in the workplace

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Protecting your employees should be something your business puts at the top of its priorities. Having policies and procedures in place can help towards employee retention and increasing overall productivity levels.  

When those who work for you know they’re being looked after and have all the protection and equipment they need, they know they’re working in an environment they want to come back to and is somewhere they feel safe.  

But what can you do as an employer to make sure you’re doing everything you can for your workforce? 

The importance of risk assessments 

Risk assessments are a must in all businesses, whether you have three employees or 300, and regardless of whether you’re in construction, retail, or are office based. As a business, you have a duty of care to make sure your employees health, safety and welfare are looked after while they’re at work. 

Identify the safety hazards 

Start off by undertaking a risk assessment to spot possible health and safety hazards. Once any risks have been identified, you’ll need to work to make sure these are either mitigated or the risks significantly reduced.  

If your business employs more than five people there must also be an official record of what the assessment finds, and the plans being put in place to deal with these risks. You’ll also need to create a formal health and safety policy that includes the above plans and arrangements.  

Communication is key 

It’s important to remember that communication is key throughout all of this. As a business owner, talk to your employees about any potential risks they or you have identified and what you’re going to collectively do to overcome these. This might be to run regular training sessions or hold yearly reviews of the policies you’ve put in place.  

Providing the necessary equipment 

No matter their jobs, providing your employees with the necessary equipment they need is your responsibility as a business owner. If they’re working in construction or industrial environments, you’ll want to consider providing them with the appropriate PPE equipment such as work gloves to keep them safe. Likewise if they work in an office, your workforce will need suppliers such as paper, pens and access to electrical points for their laptops and computers.  

Health & safety experts in the workplace 

Having a health and safety representative in your business is vital for a number of reasons. From keeping communication lines open between employees and senior management to always ensuring you’re on top of policies and procedures, a health and safety person on site can keep everyone and everything in check.

How is the Car Market Expected to Perform in 2021?

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2020 was clearly a year to forget for the automotive market. The pandemic and subsequent lockdowns and restrictions took their toll with consumers unable to buy for large parts of the year and with confidence low even in times where restrictions were eased. So, how will the market perform this year?

A Year to Forget

First, it is important to analyse the year just gone. It was reported that new car sales slumped to their lowest levels since 1992 down a staggering 29.4% on 2019 – this was the biggest decline since 1943 when auto manufacturers switched to munitions manufacturing for WW2. The SMMT estimated that this resulted in a staggering £20 billion loss to the UK automotive industry, but they are more confident about the year ahead even though it begins in a national lockdown.

Reasons to be Optimistic

It is thought that there are reasons to be optimistic about the automotive industry in 2021 despite the pandemic continuing. Many motorists will have put off buying a new car due to the virus outbreak, but with the situation steadily improving and businesses better equipped to protect public health, consumer confidence should grow as the situation improves and people should be keen to get the necessary cover required so we’re able to go back to those enjoyable road trips we’ve all missed.

Growth Predicted

World leaders in information, analytics and solutions IHS Market predict that global auto sales will gain momentum this year and rise 9% with the UK predicted growth of 11% to 15.3 million units. Of course, the rollout of the vaccine and Brexit situation will inevitably play a key role in this.

EVs Driving Recovery

It is also thought that motorists making the switch to electric vehicles could play a key role in the industry’s recovery. With the proposed 2030 ban on the sale of petrol and diesel, an improving infrastructure and consumers becoming increasingly eco-conscious along with the cost benefits, 2021 could be a great year for the electric car market.

This was echoed by ex-Aston Martin Boss and CEO of Palmer Automotive Andy Palmer, who stated that “Automotive historians may look back on this time as the turning point away from the internal combustion engine (ICE) and towards the mass-adoption of electric vehicles (EVs) and other alternative clean-energy vehicles. The onus is on car manufacturers to adapt to these changes and seize the opportunity.”

2020 was a year to forget for the UK automotive industry and there are reasons to be optimistic despite the ongoing pandemic. 2021 will be a unique and challenging year, but it is predicted that some ground will be made up with the pandemic hopefully improving and consumers looking to spend particularly on electric vehicles in 2021.