Just a reminder that there will be an increase to the hourly rates of National Minimum Wage from 1 October 2016 as follows:
- The rate for workers aged 21 to 24 will increase to £6.95 (currently £6.70).
- The development rate (workers aged 18 to 20) will increase to £5.55 (currently £5.30).
- The young workers rate (non-apprentices aged under 18 but above compulsory school age) will increase to £4.00 (currently £3.87).
- The apprenticeship rate will increase to £3.40 (currently £3.30).
The National Living Wage for workers aged 25 and over (which was introduced in April 2016 – please see our previous article on this here) remains at the rate of £7.20.
Please also note that the above National Minimum Wage rates, including the National Living Wage, will be uprated from April 2017.
We will keep you informed as and when the increased rates are announced.
If you would like to talk through a situation you are dealing with, or if you need advice on any aspect of employment law, please contact any member of the Pure Employment Law team (01243 836840 or [email protected]).