Employment and the Law Flashcards
What does the National minimum wage and National Living Wage mean?
companies can’t cut their costs by paying workers less than the legal minimum.
What if a Company doesn’t pay its workers enough?
could be given large fines,
could also get bad publicity and consumers might stop using the business
What is a negative towards the business for there being a NMW and NLW?
it increases costs, which leads to increased prices meaning a possible fall in sales and a reduced income for the firm.
What are the benefits for companies with there being NMW and NLW?
better motivated staff and increased productivity
How does the Equality Act 2010 relate to business?
Businesses can’t descriminate against anyone because of their religion, gender, race, age, sexual orientation or because of disabilities.
What is Health and safety legislation?
make sure that risks to people at work are properly controlled.
