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Overview
... Edward Rozzo / Corbis ; www.third-avenue.co.uk . Chapter 1 : Dex Image / Corbis . Chapter 2 : Alan Levenson / Corbis . Chapter 3 : Corbis . Chapter 4 : Thinkstock / Corbis . Chapter 5 : www.ukstockimages.com . ☑TSO information ...Synopsis
The Low Pay Commission report 2008 describes the impact of the increases in the national minimum wage in 2006 and 2007 on earnings, on the labour market, on small firms and on prices, profits, productivity, investment and business start-ups and failures. It then examines various groups of workers affected by the minimum wage. A further section looks at compliance and enforcement. The Commission then outlines the criteria considered for setting the rates. Its recommendations are: adult rate to increase from £5.52 to £5.73 an hour in October 2008; youth development rate to increase from £4.60 to £4.77 an hour and the 16-17 rate should increase from £3.40 to £3.53. Again it is recommended that 21 year olds receive the adult rate, and the Commission would welcome the Government's reasoning should it again oppose this recommendation. The Commission criticises the erosion in the quality of data provided by the Office for National Statistics. Further recommendations cover the accommodation offset, guidance on sleepovers, and fair piece rates.Book Details
Published
March 5, 2008
Publisher
The Stationery Office
Pages
212
ISBN
9780101733328