Minimum wage increases

The adult rate of the national minimum wage (NMW) is set to rise by 20p to £6.70 on 1 October 2015.

As well as the change to adult rate:

Figures released in 2014 by the Low Pay Commission show that the hospitality, retail and cleaning sectors accounted for 52% of NMW jobs. Small businesses contained 37% of workers who were paid the NMW.

The increase is the largest real-terms rise since 2007, and the government estimates that 1.4 million workers stand to benefit.

John Allan, national chairman for the Federation of Small Businesses, said:

“As well as focusing on enforcement, the government must clearly and proactively communicate the change to employers – ensuring businesses fully understand what they need to do and when. This support and guidance is necessary so small businesses avoid inadvertently falling foul of the law.”

Preparing for a NMW rise

Businesses that are concerned about the effects of a rise in the NMW, can take the following steps:

Discuss your employer obligations with a member of our team today.

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