The TUC argued that with higher household spending power so vital towards building a sustainable economic recovery, too low an increase in the minimum wage would limit demand and put more strain on the public finances. When employers pay decent wages, government spending on in-work benefits and tax credits falls, whilst revenues are boosted as income tax and national insurance receipts rise. The TUC’s view is that as the long overdue economic recovery strengthens in future years, increases in the minimum wage should become more generous. A bigger increase in the minimum wage in 2014 is also needed to restore what has been ‘lost’ in recent years.
TUC General Secretary Frances O’Grady said: “The recent minimum wage increase in October was actually a real-terms pay cut for hundreds of thousands of low-paid workers.
Read the full press release from the TUC
Guidance on calculating the National Minimum Wage
19 December 2013
The government is strengthening minimum wage enforcement and has published practical guidance to help employers comply with NMW legislation.
The government is strengthening minimum wage enforcement. In future all employers who are found not to comply with national minimum wage rules will be publicly named.
This guidance provides practical advice and examples to explain:
what counts and does not count as pay and working hours for minimum wage purposes eligibility for the minimum wage
how to calculate the minimum wage how we will enforce the minimum wage
Calculating the minimum wage – December 2013
National Minimum Wage increase survey
15 January 2014
Do you think the NMW should be increased in October 2014?
As you will no doubt be aware there have been many press debates over the last couple of weeks in respect of the National Minimum Wage (NMW).
The CIPP is interested in your views. Please spend a couple of minutes answering this quick survey which asks do you think the NMW should be increased in October 2014?
The survey closes at midnight 31 January 2014. Thank you for your time.
National Minimum Wage penalties to increase to £20,000 from February 2014
17 January 2014
Rogue employers who do not pay their workers the National Minimum Wage (NMW) will face an increased penalty of up to £20,000 as part of government’s crackdown on employers who break the law.
CIPP Policy News Journal
16/04/2014, Page 249 of 519
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