Wednesday, 15 October 2014

Changes to National Minimum Wage


From 1 October 2014 the national minimum wage rates will change as below:

 

  • Adult Rate for workers aged 21 & over will increase from £6.31 to £6.50 per hour.
  • the rate for 18-20 year olds will increase from £5.03 to £5.13
  • the rate for 16-17 year olds will increase from £3.72 to £3.79
     
    Also the minimum wage rate for apprentices of £2.68 per hour is being increased to £2.73.
    As previously this applies to:
     

  • Apprentices under 19
  • Apprentices aged 19 or over, but in the first year of their apprenticeship.

 

You will need to apply the new rates to all payments for work commenced on or after 1 October 2014 so please make sure that you are complying fully with the new rates.

 

Please refer to www.gov.uk/national-minimum-wage for further information. 

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