Contents

Thug justice
Taxing times
Time is not always on my side
Minimum wage less minimal
Careless words cost jobs
Stakeholder pensions: the time is now
Redundancy policy: fixed termers first

Minimum wage less minimal

The National Minimum Wage rate for workers aged 22 or over increased to £4.10 per hour from £3.70 on 1 October 2001.

The development rate - which applies to all workers aged between 18-21 increased from £3.20 to £3.50 per hour. The development rate is also payable to workers aged 22 or over who are in the first six months of a new job with a new employer and receiving accredited training.

The amount allowed to be offset against the minimum wage for accommodation provided to a worker, the "accommodation offset" increased from £2.85 to £3.25 per day.