Expecting a raise

Q. Could you provide an update on the forthcoming minimum wage increases and also explain how proposed changes in maternity pay entitlement could affect my my small business

The Department of Trade and Industry has announced that the national minimum wage will increase from £4.85 an hour to £5.05, with effect from October 2005 for adults and that it will increase to £5.35 from October 2006. As this increase is well above the rate of inflation, there are already complaints from employers that it will lead to problems. The youth rate for 18 to 21-year olds will increase to £4.25 in October 2005 and £4.45 in October 2006; there is no change to the 16 and 17-year-old

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

FCA warns on Tempcover clone

The Financial Conduct Authority has issued a warning of fraudsters trying to scam people by pretending to be short-term car insurance specialist broker Tempcover including on TikTok.

Brokers push for more from RSA/NIG

Brokers have given a mixed report on communication levels around the RSA and NIG deal but with the process kicking forwards today have expressed the hope the takeover will make more products available.

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: