Crackdown on National Minimum Wage payments as rates rise again
The National Minimum Wage (NMW) will rise again in October 2013 when both the adult and apprenticeship rates will increase. The government accepted the Low Pay Commission’s (LPC’s) recommendations for increasing the adult and youth NMW rates. However, in respect of the apprentice rate, the government rejected the LPC’s suggestion that this should be frozen and has instead decided to increase it. The apprenticeship rate applies to apprentices under 19 or over 19 and in the first year of their apprenticeship.
From 1 October 2013:
- the adult rate (21 year olds and over) will increase by 12p to £6.31 an hour
- the rate for 18-20 year olds will increase by 5p to £5.03 an hour
- the rate for 16-17 year olds will increase by 4p to £3.72 an hour
- the apprenticeship rate will increase by 3p to £2.68 an hour
- the accommodation offset increases from the current £4.82 to £4.91…
If you are registered and logged in to the site, click on the link below to read the rest of the Shoosmiths briefing. If not, please register or sign in with your details below.
News from Shoosmiths
News from The Lawyer
Briefings from Shoosmiths
Rachel Moore looks at how to apply the Consumer Contracts (Information, Cancellation and Additional Charges) Regulations to contracts concluded through an aggregator.
Two recent cases illustrate the importance of employers making reasonable adjustments for disabled employees placed at risk of redundancy.
Analysis from The Lawyer
Compliance and corporate governance codes for large financial institutions will undoubtedly include provisions to regulate high pay in the future
There’s more to the ABS model than attracting the man in the street and procuring external investment. Partners at the big corporate firms, take note…