news
Business News
Return to News

More than 200 companies named and shamed for minimum wage breaches

Published:
17
July 2023

Over 200 employers have been named by the government for failing to pay their lowest paid employees the minimum wage.

The 202 employers were found to have failed to pay their workers almost £5 million in a clear breach of the National Minimum Wage (NMW) law, leaving around 63,000 workers out of pocket.

Companies named and shamed range from major high street brands to small businesses and sole traders.

The businesses named have since paid back what they owe to their employees and have also been given financial penalties.

The employers named previously underpaid workers in the following ways:

•        39% of employers deducted pay from workers' wages

•        39% of employers failed to pay workers correctly for their working time

•        21% of employers paid the incorrect apprenticeship rate.

Minister for Enterprise, Markets and Small Business, Kevin Hollinrake, said:

'Paying the legal minimum wage is non-negotiable and all businesses, whatever their size, should know better than to short-change hard-working staff.

'Most businesses do the right thing and look after their employees, but we're sending a clear message to the minority who ignore the law: pay your staff properly or you'll face the consequences.'

Internet link: GOV.UK

Resources
Finsbury Robinson

Our accountants, tax and business advisors help produce all of our content. If you have any questions on topics raised then don't hesitate to get in touch.

Contact Us
REsources
Check out our accounting, business & tax news and resources.
Budget Reports
Tax Cards
FR Flyers
Sign up to our Monthly Business Newsletter

Sign up to our
Monthly Business Newsletter

Sign up to receive our monthly Business Newsletter that will keep you up to date with everything going on in accounting, tax, and finance.