New Minimum Wage Rates

May 13, 2016

Employment, Business Services, Wills and Probate

New Minimum Wage Rates

The Low Pay Commission’s recommendations for increasing the national minimum wage from next October have been approved.  The new rates will be as follows:

 

From 1 October 2016

Until 1 October 2016

Adult hourly rate (21-24 year olds)

£6.95

£6.70

18-20 year olds

£5.55

£5.30

16-17 year olds

£4.00

£3.87

Apprentice Rate

£3.40

£3.30

 

The national living wage (£7.20) applies to workers aged 25 and over from 1 April 2016.   The accommodation offset will increase from £5.35 to £6.00. 

posted by Frank Collingwood | May 13 2016