National Minimum Wage Increase
by Startacus Admin
Here at Startacus we do like a good reminder.
After all if like us you've a fab but reasonably flat / small team of paid employees the chances are there's a good deal of multitasking and 'pulling in all directions' going on! 
So, for those of you with a responsibility towards wages, payroll, administration, cash-flow, managing the books - and probably a whole lot more, take note of this very important reminder:
National Minimum Wage increases from today...yep a Wednesday.
It's not a massive increase, and some of you folk may be able to pay the majority of said employees above the bottom line, but for for those of us who pay wages at NMW level, take note of the changes below*
Year 21 and over 18 to 20 Under 18 Apprentice*
2014 (from 1 October) £6.50 £5.13 £3.79 £2.73
2013 (current rate) £6.31 £5.03 £3.72 £2.68
*Stats taken from gov.UK website
Of course if you pay monthly this might be an easy change to make. Weekly paid staff however, appreciate this change starts midweek, so take that into 'account' when having fun with real time information, your calculator, and your business bank account.
So National Minimum Wage reminder done, you might also want to read Our latest financial news roundup for small businesses and startups.
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
Here are some tips, courtesy of accountancy experts Howlader&Co, on how to generate substantial profits by maximising productivity in your startup.
The Manchester based startup that is on a mission to transform the energy system...
.png)
Developing Experts empower teachers and parents to teach science with confidence and ease, with an ever-growing library of interactive, online science lessons.
Startups focused on Connected Digital Mobility, including connected vehicles, autonomous travel, smart cities, future transport services, take note!
The online marketplace where you can buy goods directly from independent retailers all in one place.
With the aim of reaching 1 million classrooms and kitchen tables by 2021, EdTech startup Makematic have raised £1m to help brands connect with education through bitesize content.
AI: Artificial Intelligence, currently the buzzwords about town betwixt the tech-savvy among us. So will robots become part of the family as our pets have?
The startup that has created a biologically active food expiry label to help combat food waste...
The startup that is "saving and improving human lives with artificial intelligence analytics for healthcare".
KeepAppy, is a personal wellness app, designed to empower users to take control of their mental and physical wellbeing, and enable people to track all of the vitals that most impact an individual’s wellbeing.
Published on: 29th September 2014
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- IlluminationLAB to power energy focused startup innovation 5th Mar 2019 American Electric Power (AEP) has launched IlluminationLAB which will include a bootcamp, energy summit & 10-week proof of concept program to co-create innovative energy products and services.
- Startup World cup returns to Belfast for 2019 27th Feb 2019 The Startup World cup returns to Belfast for 2019 with the NI regionals held on 25 March and once again delivered by Belfast Global Shapers.
- Rolls Royce seek data driven tech solutions 27th Feb 2019 Business intelligence, AI and machine learning focused tech startups, take note! Rolls Royce are currently seeking a data driven tech proof-of-concept solution.
- Travel startup NAVA wins Travel Technology Europe Disrupt Award 2019 22nd Feb 2019 London-based disruptive tourism and travel startup NAVA, has been named the winner of the 2019 Travel Technology Europe Disrupt Award.
