Get it right!
KEY POINTS
- Workers must be paid at least the national minimum wage (NMW) at the correct time for all time worked.
- There a number of common mistakes made by employers.
- HMRC proactively polices NMW compliance.
- Arrears must be paid going back up to six years.
- Failure to pay the NMW leads to 200% penalties and the employer being publicly named.
In recent years the national minimum wage (NMW) has made the news headlines due mainly to the introduction of the national living wage and several high-profile companies named and shamed for non-compliance.
Paying the NMW may seem straightforward but complex legislation and unclear guidance complicate matters. There are many factors to consider that may result in non-compliance due to technical and genuine mistakes. This is a concern for...
Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.