The business demonstrates commitment to employee welfare by paying employees above the legal minimum wage or equivalent for the sector or country

What does this mean?

  • As mentioned above, it is a commitment to fair practice if your business pays above the minimum wage.
  • It is advisable to put all of your employees on a wage scale according to the position that they fill to ensure that equal work is being rewarded with equal pay.

What do I do?

You should develop a wage plan for your business which shows how you could increase minimum wages over time.  This should be in line with your business’ expected turnover, yearly profits and running costs.