Explain Why Do You Need To Know About Err

This was said by George Osborne the Chancellor George Osborne of the Exchequer and Second Lord of the Treasury of the United Kingdom. Gorge Osborne, through his statement above has shown that he is willing to increase the national minimum wage from £6.31 to £7 per hour which is above inflation. The National Minimum Wage was set up in 1998 to protect low-paid workers, which I think was a good idea. However, an increase in the UK National Minimum Wage will cause more harm to the economy, employment sector and even the society than the proposed good. Students may leave their primary aim of getting educated to go in search of jobs; employers will employ less numbers of people thereby increasing unemployment; and the economy will suffer lack of growth that might get Britain into bigger debts and quite possibly a recession. It is not a good move!

National minimum wage is the lowest wage per hour which an employee is eligible to in the UK. The national minimum wages are changes yearly by the Government of UK. The national minimum wage is different to all workers at different ages. For example; for Apprentice wage is £3.50 per hour, Under 18 wage is £4.05, 18 to 20 wages is £5.60, 21 to 24 wages is £7.05 & finally 25+ wages is £7.50. UK is formerly at the highest amount in 15 years when referring to minimum wage per

1. Know the statutory responsibilities and right of employees and employers within own area of work

Minimum wage laws will always affect supermarkets as generally many of their staff would be paid minimum wage. Under the National Minimum Wage Act of 1998 all employers must pay their employees a certain amount per hour as set by the UK Government. The main rate of National Minimum Wage which applies to workers aged 22 and over and is currently £5.80 per but will raise £5.93 in 2010 (Directgov 2010).

As the minimum wage has remained flat, productivity has increased, and so too have corporate profits. If the minimum wage of the 1960s had increased with productivity, it would stand at around $15/hour. If it increased with inflation, it would be more than $10/hour (Khan, 1).

All Learners need to know that employers and employees have a range of statutory responsibilities and rights under Employment Law and that employment can be affected by other legislation as well. 1.1 Contracts of Employment1

As an employer, you need to be aware of the processes and duties produced in these regulations and the practical implications imposed. There is also a duty to involve employees in all health and safety

1. Know the statutory responsibilities and rights of employees and employers within own area of work

The National Minimum Wage is based on the amount an individual gets per hour, dependent on age and whether an individual is an apprentice or not. The majority of individuals are entitled to this by law however there are some individuals that are exempt from this, these are if the individual is self employed, company directors, volunteers or family members of the employer that are living in the same household (Gov.uk, 2016).

1.4 Identify sources and types of information and advice available in relation to employment responsibilities and rights

From day one of the temporary assignment the worker is entitled to the same access to job vacancies as permanent members of staff and collective facilities such as staff canteens, childcare facilities and transport services. A third type of employment status is volunteer workers who are individuals who carry out tasks or services of their freewill and without payment, often, though not necessarily, for charities. Volunteer workers are not in a contractual relationship with an organisation as there is not intention to create legal relations, no financial remuneration and no enforceable obligations on either side.

National Minimum Wage, introduced by the Labour Party as part of the Maastrict Treaty 1992. The treaty had requirements for there to be a minimum standard of living for all citizens. The National Minimum Wage met this requirement. Is was highly criticised before being introduced , but did not have the negative impact on business as was suspected. This was partly due to the level being set fairly low upon introduction. There are set rates within 3 bandings according to age.

Today "the federal minimum wage" is $7.25 per hour since July 24, 2009. It has failed to keep up with inflation. The

For the first eleven months of 2017, the rate has averaged approximately 64 basis points higher than the average rate for the first ten months of 2016. Until January, with only three exceptions, the rate had been below 2.4% since July 2011, when it was falling from 3.0%. The 2016 rate averaged nearly 26 basis points lower than the 2015 average, and the 2015 rate averaged nearly 16 basis

The total labor force of the UK comprises of people age 15 years or older, they have to meet the International Labour Organization definition of the economically active population. The definition is “All people who supply labor for the production of goods and services during a specified period” (Trading Economics). The highest percent of a labor force is in services they have 83.5% while industry has 15.2% and agriculture has 1.3% (CIA). In 2013 the UK was paying $7.81 for the minimum wage compared to the US $7.25, today the US’s minimum wage is still $7.25. There are now different types of minimum wage. There is a wage for apprentices, people that are not entitled to the minimum wage, voluntary work, and work experience and internships (GOV.UK).