Bosses Face Up to a Costly Day ; a Rise in the Minimum Wage, New Employment Lawswelcome to October 1

Summary


October 1 should be a date circled in red on business owners' calendars. That day will see the introduction of several key pieces of legislation, all of which could have a dramatic impact on the day- today running of most companies.

In less than a fortnight, wage bills will rise as the national minimum wage increases by 30p for adults to Pounds 5.35 an hour, 20p to Pounds 4.45 for 18 to 21-year-olds and by 30p to Pounds 3.30 for 16 to 17-year-olds.

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Bosses Face Up to a Costly Day ; a Rise in the Minimum Wage, New Employment Lawswelcome to October 1

Bosses will also have to digest changes to recruitment practices, training, pensions and staff benefits unde...

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