Pay

Article: Adoptive Parents - Rights to Leave & Pay

Adoptive Parents - Rights to Leave and Pay NEW - From April 2009, the standard rate of Statutory Maternity Pay (SMP), Statutory Adoption Pay (SAP) and Statutory Paternity Pay (SPP) in the UK increased from £117.18 per week to £123.06...

Article: Apprentices get Minimum Wage Boost

Apprentices get Minimum Wage Boost Small Business News 11th August 2009 The minimum pay rate for apprentices has been increased from £80 to £95 per week, in an attempt to encourage more young people into training. The rise was...

Article: Be Honest about Pay Rises Employers told

Be Honest about Pay Rises Employers told Small Business News - 7th August 2008 Employers under pressure to give pay rises they cannot afford must be frank with staff. Research from business consultancy firm Croner Reward revealed that just...

Article: Big Corporate CEOs Hike Their Salaries

Big Corporate CEOs Hike Their Salaries Small Business News 3rd June 2011 The salaries of chief executives in the FTSE 100 increased by more than a third last year, but most small-business owners have frozen their own pay, the Forum of Private...

Article: Change Minimum Wage to Tackle Youth Unemployment

Change Minimum Wage to Tackle Youth Unemployment Small Business News 22nd November 2011 Chancellor George Osborne should consider introducing a new band of minimum wage to help boost youth unemployment in the face of competition from older workers,...

Article: Excessive Minimum Wage Rise Stops Firms Recruiting, warns BCC

Excessive Minimum Wage Rise Stops Firms Recruiting, warns BCC Small Business News 9th April 2010 Raising the national minimum wage by almost double last year’s increase will deter small firms from taking on new recruits, the British Chambers...

Article: Fair Deal on Tips and New Minimum Wage Rates

Fair Deal on Tips and New Minimum Wage Rates Small Business News 30th September 2009 New rules come into force tomorrow (1st October) to ensure that thousands of workers get a fair deal on tips and wages. (See Tipping: Code of Best Practice) The...

Article: Flexible Parental Leave Unworkable for Small Businesses

Flexible Parental Leave Unworkable for Small Businesses Small Business News 20th May 2011 Proposals allowing mothers and fathers to share parental leave as they see fit will be an administrative headache for small firms, business groups have...

Article: Government Approves New Minimum Wage Rate

Government Approves New £5.80 Minimum Wage Rate Small Business News - 12th May 2009 The government has announced new National Minimum Wage rates to take effect in October. Low paid workers aged 22 and over can look forward to an...

Article: Incentive Pay

Incentive Pay Productivity and high standards are important to you. Recognition and encouragement are important to employees. Incentive pay is a way for you and your employees to achieve results. A good incentive pay scheme can motivate employees to...

Article: Institute of Directors Calls for Action on Executive Pay

Institute of Directors Calls for Action on Executive Pay Small Business News 25th November 2011 The Institute of Directors has submitted its response to the Department for Business’s consultation on executive remuneration, which closes...

Article: Maternity Leave and Statutory Maternity Pay

Maternity Leave and Statutory Maternity Pay NEW - From April 2011, the standard rate of Statutory Maternity Pay (SMP), Statutory Adoption Pay (SAP) and Statutory Paternity Pay (SPP) in the UK increased from £124.88 per week to...

Article: 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 so you need to be clear about your responsibilities as an...

Article: National Minimum Wage

National Minimum Wage The National Minimum Wage is an important cornerstone of Government strategy aimed at providing employees with decent minimum standards and fairness in the workplace. It applies to nearly all workers and sets hourly rates below...

Article: New Minimum Wage Rate and New Rate for Apprentices

New Minimum Wage Rate & New Rate for Apprentices Small Business News 26th March 2010 The Government has confirmed that it has accepted the recommendations from the Low Pay Commission (LPC) on the new rates for the National Minimum Wage, as...

Article: Paternity - Leave & Pay

Paternity - Leave & Pay NEW - From April 2009, the standard rate of Statutory Maternity Pay (SMP), Statutory Adoption Pay (SAP) and Statutory Paternity Pay (SPP) in the UK increased from £117.18 per week to £123.06 per week. ...

Article: PAYE Burden Makes Small Business Owners Hesitant to Hire

PAYE Burden Makes Small Business Owners Hesitant to Hire Small Business News 23rd May 2011 According to an Intuit poll of small business owners, two thirds (69%) say the burden of PAYE puts them off hiring employees. The admission came as the...

Article: Payroll

Payroll For small businesses the process of payroll and payroll management has become nightmarishly complicated. Britain’s firms are drowning in a sea of paperwork and payroll legislation. As well as sorting out their employees’ tax...

Article: Salaries: Knowing what to Pay

Salaries: Knowing what to Pay A Good Starting Point When working as a small business, sometimes as a sole employee and the time comes to take on staff as business and workload increases. But how do you know what to pay your potential to employees?...

Article: Setting Up and Managing Your Payroll System

Setting Up and Managing Your Payroll System An efficient payroll system is essential to ensure your employees are paid on time and their salaries are correctly calculated. This guide explains: An employer’s payroll responsibilities ...