Low-paid parents earn £1.96 an hour after childcare costs
__ – Parent on minimum wage could be taking home as little as £1.96 per hour (45% of their disposable income) once they’ve paid for childcare, according to research from the Family and Childcare Trust. Its Childcare Survey 2017 found that on average the price of 25 hours of childcare per week for a child… Continue reading
Government promises crackdown on ‘unscrupulous’ employers that fail to pay minimum wage
__ But reports suggest no companies ‘named and shamed’ over low pay since 2013 have faced criminal challenges Employers that pay staff less than the minimum wage could soon face tougher penalties, as a new government role has been created to lead the crackdown on rogue businesses. Sir David Metcalf, the newly appointed labour… Continue reading
National minimum wage to increase by up to 4.7%
David Cameron has announced inflation-busting increases to national minimum wage rates, to come into effect from October 2016. The standard rate of the national minimum wage for 21- to 24-year-olds will increase by 3.7% to £6.95 per hour, after the Government accepted recommendations for the new rates from the Low Pay Commission (LPC). Workers aged… Continue reading
National living wage – Are you prepared?
On April 1st 2016 the new National Living Wage will come into play. Employees aged 25 and over (not in the first year of an apprenticeship) will be legally entitled to at least £7.20 per hour, a fifty pence increase on the current living wage of £6.70. As an employer, you will have a responsibility… Continue reading