Applying the national minimum wage penalty on a per worker basis
31 October 2014
The Department for Business Innovation & Skills (BIS) has issued a revised impact assessment on applying the financial penalty on a “per worker” basis.
This new BIS impact assessment concentrates just on businesses that are non-compliant with NMW legislation.
The original assessment showed an annual cost of £2.58 million to all businesses. The revised IA shows no cost to compliant businesses