ARTICLE · 06 OCTOBER 2008

A Quick Reminder – What´s Coming Into Force This Month

MacRoberts

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From 1st October, the new increased NMW rates are as follows:

United KingdomEmployment and HR

Katy Wedderburn

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Increase In National Minimum Wage ("NMW") Rates
From 1^st October, the new increased NMW rates are as follows:
- For workers aged 16 and 17: £3.53 (from £3.40)
- For workers aged 18 – 21: £4.77 (from £4.60)
- For workers aged 22 and over: £5.73 (from £5.52)
Requirement To Display An Employer's Liability Insurance Certificate Amended
In order to cut levels of administration in businesses, the requirement to display one or more copies of an employer's liability insurance certificate in each place of business has been amended, with effect from 1^st October, making an electronic form of the certificate acceptable. This is provided that employees have reasonable access to the current policy certificate electronically, for example, via a company intranet site. In addition, the requirement for an employer to retain a copy of its employer's liability insurance certificate for 40 years, has been removed.

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