Govt names and shames companies who fail to pay the NMW

Govt name and shame companies who fail to pay the NMW

 

Failing to pay your staff at least the National Minimum Wage (NMW) could result in your details being published by the Government.  To date 162 companies have been named and shamed – the latest batch of 70 totalled a shortfall in salary of £157,000 in arrears with financial penalties of more than £70,000.

Business Minister Jo Swinson said:

‘Paying less than the minimum wage is illegal, immoral and completely unacceptable.  Naming and shaming gives a clear warning to employers who ignore the rules, that they will face reputational consequences as well as financial penalties of up to £20,000 if they don’t pay the minimum wage’.

 

In an attempt to combat this ongoing problem, the government will be increasing HMRC’s £9.2million enforcement budget by a further £3 million, which will help to support an extra 70 compliance officers.

 

Read the full article here in HR Review.

 

If you have any questions about the current rates of the minimum wage or any other queries, please don’t hesitate to contact us.

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