Minimum Wage
- BusinessAOL
National Living Wage 'to cost employers £20bn'
George Osborne's planned rise in the National Living Wage to £9 an hour for over-25s will leave employers with an additional £20 billion bill for workers' pay by 2020 compared to current levels, according to a new report. And the burden
3-min read - BusinessAOL
What's the difference between Minimum Wage and Living Wage?
There are now three types of "wage" in the UK: Minimum Wage, Living Wage and the National Living Wage. With all this terminology floating around, it's no wonder people are getting confused about how much they will get paid. So
2-min read - BusinessAOL
National Living Wage brings pay rise for thousands of workers
Almost 70,000 workers are set to receive a pay rise after a new rate of £8.25 an hour was announced for the voluntary National Living Wage. The figure is an increase of 40p an hour, and is significantly above the national minimum wage of £6.70.
4-min read - BusinessAOL
Monsoon Accessorize named for failing to pay minimum wage
Fashion retailer Monsoon Accessorize has been named and shamed by the government as the worst offender when it comes to paying staff the minimum wage. The company had been requiring staff to wear its own brand clothing - but while they could buy
12-min read - BusinessAOL
115 firms named and shamed for not paying minimum wage
More than 100 employers who underpaid workers almost £400,000 have been named and shamed by the Government in the latest drive to make sure firms pay the national minimum wage. The 115 companies are in sectors including retail, hairdressing,
2-min read - BusinessAOL
Why the minimum wage should be £9 now
The increase in the minimum wage announced in the summer Budget is long overdue but it's still not coming soon enough for those who will, in the meantime, see their benefits eroded. A study by Unison have found that families will not suffer
2-min read - NewsAOL
Living wage is 'unfair for young workers
Young people on low pay will earn thousands of pounds less than older colleagues in the same job under the new national living wage, according to new analysis. The national living wage, due to come in to effect in April next year, will guarantee
2-min read
