The National Minimum Wage increases have recently been announced which will apply as from 1 October 2015, full details of which are below.
The Government have said that the increase to the main adult rate is the biggest real-terms rise in seven years. It estimates that 1.4 million workers will benefit from the rise. The rates were recommended by the Low Pay Commission, except for the apprentice rate where the Government went for a higher increase than the recommendation. The increase in the apprentice rate is 20% – the largest ever increase.
- Over 21 years old: £6.70 (from £6.50)
- 18 – 20 year olds: £5.03 (from £4.30)
- 16 – 17 year olds: £3.87 (from £3.79)
- Apprentice rate: £3.30 (from £2.73)
If you have any queries about the National Minimum Wage in your workplace, why not give us a call to talk them through? Our number is 01243 836840 and we’d love to hear from you – you can also email us on [email protected].
Please note that this update is not intended to be exhaustive or be a substitute for legal advice. The application of the law in this area will often depend upon the specific facts and you are advised to seek specific advice on any given scenario.