The Fundamental Legal Requirements That All UK Businesses Must Fulfill
It is always the case that you will have to meet some legal and ethical responsibilities as an employer towards your employees. The failure to meet most of these responsibilities will be facing a potential law suit and as well reputational damages to it as a whole. This article therefore gets you some of the basic legal requirements that must be met by the businesses operating in the United Kingdom.
Let us first see the requirements in terms of wages and taxes. Every employer in the United Kingdom is demanded by law to pay a certain minimum in terms of wages. The minimums are often varied according to the categories of the employees. This categorization will demand on the employer to pay their employees 25 years and over a minimum wage of 7.20 pounds per hour and those of the ages between 21 and 24 enjoy a set minimum of 6.70 pounds in every hour. The law further demands on every employer to deduct taxes, national health insurance contributions and student loan repayments for their employees where applicable.
Health and safety is the other necessary requirement that needs to be fulfilled by all United Kingdom employers a condition that demands on them to ensure that they provide their employees a safe and healthy working environment. The standards to be met by the company are also dependent on the particular industry of practice where the employer will be operating. Take an example of a construction concern which is demanded by law to have their employees taken through an NRSWA streets works training course as an onsite safety management training. The safety and health requirements demanded by law will have the employees interests like those of paternity, maternity, discrimination and bullying well covered therein.
Businesses operating in the UK will have a responsibility for the provision of insurance. We have those insurances which the law demands the employers to sign up to as a matter of legislation while we have those that the individual employers will sign up to for the protection of their operations against the potential risks. Some of the mandatory insurances for the corporate are such as motor insurances, employers’ liability cover, insurance for some engineering contracts to mention but some.
As an employer, you must as well be aware of the Statutory Rights of your employees. Do not be caught on the wrong side violating the rights of the employees such as those of a paid leave period of 28 days, maternity and paternity leaves and as well the right to an itemized pay slip.