Costs

Minimum wage and statutory pay obligations

Regulations covering minimum wages and statutory pay apply to almost every business.

You need to ensure that you are paying at least the national minimum wage or national living wage. You also need to understand employees' entitlements to statutory pay when they have children or are off work sick.

Associates and members only

This resource is for IoD members and associates only. Please sign in here or click below to find out about the many benefits of IoD membership.

Better directors for a better world

The IoD supports directors and business leaders across the UK and beyond to learn, network and build successful, responsible businesses.

Extending your financial knowhow

Browse valuable finance and tax resources from the IoD.
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