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Monthly Archives: February 2020
Hot Business News Today
Government backs down over minimum wage battle
by Timothy Adler • • 0 Comments
Originally written by Timothy Adler on Small Business
The government has backed down in a row with businesses over the minimum wage.
Businesses that inadvertently push employees below the minimum wage by offering voluntary savings and benefit schemes to staff will no longer be fined.
>See also: Tory minimum wage pledge ‘not realistic’ for businesses, says IoD
The Department for Business, Energy & Industrial Strategy (BEIS) said that companies offering salary sacrifice schemes – where employees exchange part of their pay in return for benefits such as childcare vouchers or other products – technically pushing employees below the minimum wage, would no longer face financial penalties.
Business minister Kelly Tolhurst said: “We want to make it as easy as possible for employers, especially small businesses and those trying to do right by their staff, to comply with National Minimum Wage rules, which is why we’re reforming regulations.”
>See also: Protecting employees from overworking and minimum wage underpayment
Previously, HMRC pursued supermarket Iceland for a tax bill of over £20m after it allowed staff to voluntarily join its Christmas Club savings scheme, which pushed some pay below the minimum wage.
The business department also said it would relaunch its “naming and shaming” of employers who breach minimum wage rules.
Hot Business News Today
Respondent Review: Earn an Average of $60 – $140 Per Survey
by Holly Reisem Hanna • • 0 Comments
I’ve been participating in focus group studies since I was in college (and that was a long time ago)! The first one I did was for a radio station. For two hours, I listened to snippets of songs and rated them on a scale of one to ten. For my time, I earned $100 in […]
The post Respondent Review: Earn an Average of $60 – $140 Per Survey appeared first on The Work at Home Woman | Legit Work From Home Jobs.
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Talking to Robots With David Ewing Duncan
by Mike Koenigs • • 0 Comments
Hot Business News Today
Top 6 Marketing Money Wasters
by Estie Rand • • 0 Comments
Hot Business News Today
What Is a Merchant Account, and Do You Really Need One?
by Successful IBO • • 0 Comments
Most customers expect you to accept debit and credit card payments, and to do so you need a merchant account. Here’s what to expect when opening a merchant account for your business.
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Become an SEO Expert and Make Your Business Stand Out Online
by Entrepreneur Store • • 0 Comments
Hot Business News Today
Doubt Will Always Creep In. Here's How to Shut It Out.
by Thomas Edwards, Jr. • • 0 Comments
You have to accept that you may never find the perfect solution, and any action is better than inaction.
Hot Business News Today
Infographic: The 10 Best Cities for Young Entrepreneurs in the U.S.
by Jessica Thomas • • 0 Comments
Smaller cities beat out the big hubs in this year’s study of the U.S. cities with the youngest entrepreneurs.
Hot Business News Today
Hiring Formerly Incarcerated Employees Helps Your Bottom Line
by Damien Dwin • • 0 Comments
Reintegrating the formerly incarcerated into society isn’t just right. It’s good for the economy, too.