statutory pay obligations

Minimum Wage and Statutory Pay Obligations

Minimum Wage and Statutory Pay Obligations

Regulations covering minimum wages and statutory pay apply to almost every business? It is illegal to pay less than the National Minimum Wage (NMW), so you need to be clear about your responsibilities as an employer if you are going to minimise disruption to your business and prevent disputes arising. This briefing covers National Minimum Wage, statutory maternity pay and maternity allowance, statutory paternity and adoption pay and statutory sick pay. The Minimum Wage Almost all workers are entitled to the National Minimum Wage (NMW). The NMW for those aged 21 and over is £6.70. There is a lower minimum wage of £5.30 for those aged 18 to 20. Workers aged 16 and 17 (except apprentices) are entitled to a minimum of £3.87 per hour. Apprentices under the age of 19, or older than this but in t... »