More than 500 firms named and shamed for underpaying staff

WRLO Accountants — Fri, 01 Mar 2024 18:52:48 +0000

The government has named and shamed over 500 UK employers for underpaying their employees. 524 businesses were named for failing to pay the minimum wage to pay 172,000 workers, with offending employers ordered to pay nearly £16 million plus an additional financial penalty. The National Living Wage (NLW) is set to rise to £11.44 an hour from 1 April 2024. Offending employers include major high street brands, the government said. It stated that anyone entitled to be paid the minimum wage should receive it, and that enforcement action will be taken against employers who do not pay their staff correctly. Patricia Rice, Independent Commissioner at the Low Pay Commission (LPC), said: ‘Since its introduction nearly 25 years ago, the National Minimum Wage (NMW) has played a vital role in protecting the earnings of the lowest-paid workers in the UK. At a time when the cost of living is rising, it is more important than ever that these workers receive the pay to which they are entitled. ‘NMW underpayment not only cheats workers of their rightful due, it leaves compliant firms undercut by those who do not abide by the law. By naming the firms responsible for significant underpayment, we raise […]

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More than 500 firms named and shamed for underpaying staff