section 2 influnces on the business

• state the employment laws?

  • national minium /living wage
  • The equality act (2010)
• What happens if a business doesn't pay it's employees enough ?

  • Large fines
  • Bad publicity so consumers might stop using the business.
• Why might companies not like national minium/living wage ?

  Increase costs -> increased prices possibly lead to a fall in sales and reduced income for the firm.
• Benefits for companies with the national minium/living wage?


  They can lead to better motivated staff and increased productivity.
• What does the Equality Act state 2010?

  • All employees must be paid the same if they do the same job.
  • if a company doesn't