By 2020, 3.8m Brits will be on the legal minimum wage rate – and the government has relied largely on HMRC to levy fines of up to £20,000 per worker on companies that don’t pay staff fairly. It also started “naming and shaming” offenders in the hope of deterring others from doing the same.
Without doubt, one of the most frustrating things about running a business is dealing with late payments.
If there’s one thing that’s going to make a business sit up and listen – its money, especially when it comes to avoidable fines. So, with the Financial Conduct Authority (FCA) listing over £800m worth of fines to businesses breaching financial principles on its website, you would think the industry would be more careful about its conduct.
Immigration law expert Katrina Cooper provides critical advice on the steps businesses must go though to ensure new hires are legal, including the Right to Work check and document management.
