Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Top Companies Fined for Underpaying Workers Below Minimum Wage

by February 21, 2024
February 21, 2024
Top Companies Fined for Underpaying Workers Below Minimum Wage

Greggs, Harrods, and Staffline are among more than 500 businesses named by the Department for Business and Trade for failing to pay some of their employees the statutory minimum wage.

This revelation comes as the government releases a list of employers who collectively repaid over £16 million to nearly 172,000 workers, alongside additional penalties, for breaching minimum wage regulations.

Staffline, a prominent recruitment agency, topped the list for failing to correctly pay 36,767 workers, resulting in owed wages totaling £5.13 million. The company attributed these breaches to historical errors, dating from 2013 to 2018, which were resolved with HMRC’s satisfaction in 2020.

Estée Lauder, the multinational cosmetics giant, acknowledged failing to pay £894,980 to almost 6,000 workers, citing misinterpretations of HM Revenue & Customs guidance regarding staff purchases and clothing requirements.

Caroline Harwood, an employer tax partner at BDO, noted the prevalence of well-known names on HMRC’s list, cautioning that many instances may have been inadvertent errors rather than deliberate breaches.

EasyJet disclosed underpaying 3,898 staff during training between 2014 and 2019, attributing the oversight to a genuine error which was promptly rectified.

Harrods and Emmanuel College, Cambridge, were also cited for underpaying workers, with Harrods attributing its error to an administrative mistake from seven years ago, promptly rectified upon discovery.

Other businesses implicated include Stonegate Group, Mitchells & Butlers, and BAE Systems Digital Intelligence. Greggs acknowledged its error as unintended and reimbursed affected employees.

The compilation of this list by HM Revenue & Customs spans breaches between 2015 and 2023. While the government asserts that the businesses have repaid owed amounts to their staff, this revelation underscores the importance of adherence to minimum wage regulations and the repercussions for non-compliance.

Read more:
Top Companies Fined for Underpaying Workers Below Minimum Wage

0
FacebookTwitterGoogle +Pinterest
previous post
Government Grants Vertical Aerospace Further £8m for Electric Flying Taxi Development
next post
Predictions for Chancellor Jeremy Hunt’s Spring Budget 2024

You may also like

Get on a billion wish lists this holiday...

December 7, 2022

BUYING A SHARED OWNERSHIP PROPERTY IN KENT

October 6, 2022

Getting To Know You: Emily Jeffrey-Barrett, Co-founder of...

August 27, 2024

UK home energy bills could be lower than...

January 4, 2023

Tesco boosts staff pay by a further 7%

February 24, 2023

Unlocking Paradise: Why Investing in Apartments in Bali...

January 10, 2025

HiGRID launches the UK’s 1st and only SmartGRID...

March 13, 2023

Starmer’s vision for Britain: key pledges and missing...

July 17, 2024

Tech industry responds to UN calls for global...

June 13, 2023

Immigration rules relaxed for builders and carpenters

March 16, 2023

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Sterility test sample flawed, admits DHSC statistics expert in ppe medpro trial

      June 26, 2025
    • From Drift to Lift: Spotting Breakouts Before Momentum Hits

      June 26, 2025
    • Breakdown of NVDA’s Stock Price and S&P 500: Actionable Technical Insights

      June 26, 2025
    • ‘The mission was accomplished’: Senate Republicans push back against leaked report on Iran strikes

      June 26, 2025
    • Drone incursions on US bases come under intense scrutiny as devices prove lethality overseas

      June 26, 2025
    • GOP senator calls for parliamentarian’s firing after serving Medicaid blow to Trump’s ‘big, beautiful bill’

      June 26, 2025

    Categories

    • Business (8,316)
    • Investing (2,074)
    • Politics (15,818)
    • Stocks (3,170)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved