The national minimum wage will go up to £6.19 an hour in October, the government has announced. Business Secretary Vince Cable said that the decision to put the rate up by 11p an hour and freeze the rate for younger workers marked the “right balance between pay and jobs”. This increase is 1.8% from the current level, which is lower than inflation but in line with the average increase in earnings, which rose by 1.4% over the year to January.
Automated HR system handles workers paid on an annual contract basis
Time and attendance and HR systems from Tensor make calculating wages and hours at your factory or office a formality and our software works with the vast majority of payroll systems. From simple determination of overtime by the number of daily hours worked to the more complex payment of overtime hours adjusted when periodic targets are not met, WinTAnet – one of our most advanced systems – can supply working rules to calculate the correct result. Workers paid on an annual contract basis can be handled by the annualised hours procedures.