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New Minimum rate of pay
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kletherington
Posts: 1 Newbie
The company I work for have decided that they will pay us at the new rate of pay from the 7th April as that's when there new financial year starts, can they do this? surly if the government set a date that's when we should be paid from? we are hourly/4 weekly paid is that makes a difference? any advise would be welcome
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Comments
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These are the rules
Pay reference period
The 'pay reference period' is the period of time the pay covers. For example:
- if paid daily, the pay reference period is 1 day
- if paid weekly, the pay reference period is 1 week
- if paid monthly, the pay reference period is 1 month
The pay reference period cannot be longer than a month.
Example of pay not going up straight away
There's a minimum wage rate increase on 1 April.
Sam's pay reference period is 1 month. Each pay reference period starts on the 16th of one month and ends on the 15th of the following month. The old rate will apply until Sam's next pay reference period, which starts on 16 April.
As a minimum, Sam should get paid:
- the old rate for 1 April to 15 April
- the new rate for 16 April to 15 May
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