If you pay any of your employees at the National Minimum Wage, you need to be aware of this.
Employers who do not pay their workers the National Minimum Wage will face an increased penalty of up to £20,000 as part of the government’s crackdown (policed by HMRC) on employers who break the law.
If you pay your employees an annual wage, please check that when you divide it by the number of hours they work per week or month, it does not fall below the hourly minimum wage to avoid these fines.
Contact us if you feel you may have any problems.
The rates that apply from 1 October 2013 are as follows:
•for workers aged 21 years or more: £6.31 per hour
•for workers aged 18 to 20 inclusive: £5.03 per hour
•for workers aged under 18 (but above compulsory school age): £3.72 per hour
•for apprentices aged under 19: £2.68 per hour
•for apprentices aged 19 and over, but in the first year of their apprenticeship: £2.68 per hour
Apprentices aged 19 or over who have completed one year of their apprenticeship are entitled to receive the national minimum wage rate applicable to their age.
(Info from HMRC website)