Monday, March 13, 2017

New National Minimum Wage/National Living Wage rates

The National Minimum Wage is the minimum pay per hour workers are entitled to by law, different rates of the NMW are paid depending on a worker’s age and whether or not they are an apprentice.

The National Living Wage applies to all working people aged over 25 years, and from April 2017 the rate will increase from £7.20 an hour to £7.50 an hour. For a number of years changes to the NMW would take place as of 1 October, this has now changed and from April 2017, any changes to the rates will come into force every April.

It is an offence not to pay your workers the Minimum or Living Wage – the new rates from April 2017 are:

Workers aged 25 years or older - £7.50 per hour

Workers aged 21-24 years - £7.05 per hour

Workers aged 18-20 years - £5.60 per hour

Workers aged 16-17 years - £4.05 per hour

Apprentices under 19 years or 19 years or over who are in the first year of apprenticeship - £3.50 per hour.

Click here to view our guidance on operative holidays, wage and salary standards, and statutory payments.

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