
With only 25 per cent of bosses claiming to know what is required of them when it comes to employment law, Citrus HR is of the belief that SMEs are open to the risk of incurring fines and penalties.
For example, 30 per cent of employers don’t know the current minimum wage, which could lead to a fine as high as £20,000. Some 18 per cent of smaller business owners also don’t know which countries are and aren’t in the EU, meaning that it becomes harder to properly check that new workers have the right to work in Britain. According to the report, calculating holiday entitlement for staff on casual hours contracts was cited as a “particularly cumbersome process”. It explained that SMEs needed to look back at the hours each member of staff worked, including any commission they earned over the last 12 weeks, in order to calculate employee holiday entitlement.- Snoop Dogg sues beer company for money owed to him as part of equity sale
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Employers were also asked to express their views on what they deemed as “the most frustrating” aspects of employment law. Of the laws that employers most wanted to change, paying staff for unused holiday came out on top (37 per cent). They also weren’t keen on the removal of the compulsory retirement age (29 per cent), or the ability for employees who get ill while on holiday to reclaim their holiday, and claim sick leave instead (21 per cent). By Shané SchutteShare this story