The latest quick update in the Remedy business advice series looks at the implications of failing to pay the national minimum wage.
Regulations introducing new limits came into force in February 2014 and are aimed at employers who fail to pay their workers the National Minimum Wage (NMW). They will face an increased financial penalty of up to 100% of the unpaid wages and a higher maximum penalty of up to £20,000, which the Government intends to apply to each underpaid worker under upcoming legislation. This is also applicable to unpaid interns, many of whom, because of the work they do, qualify for the NMW. You have been warned!!
