The national minimum wage (NMW) is the set minimum hourly rate that UK employers must pay their workers. There are three aged based rates and an apprentice rate which are usually updated in October each year. Almost all workers who work in the UK are entitled to the NMW, except self-employed people and children who […] Read more »
National Minimum Wage: Common Mistakes
The NMW exists to protect low paid workers by providing a ‘wage floor’ that employers cannot legally go below. HMRC enforces the NMW and in 2010/11, HMRC identified almost £4 million in arrears, benefitting around 23,000 workers. HMRC want to help employers comply with NMW requirements. It saves employers the cost and hassle of an […] Read more »