National Minimum Wage Latest Increase
National Minimum Wage Increase Has Come Into Effect From October 2016
National Minimum Wage Latest Increase has now come into effect, which was announced earlier this year.
For 21 to 24-year-olds this rises to £6.95 per hour.
For 18 to 20 year olds it rises to £5.55 per hour.
For Under 18’s it rises to £4 per hour, while the apprentice rate increases to £3.40 per hour.
There is no change to the 25 and over rate of £7.20 per hour.
Employers should note the new rates.
The minimum wage rates will last for six months only after Government concluded that the rates for all workers should be aligned in April next year. The LPC will report in the Autumn on the level of all the rates to apply in April 2017 including the national living wage and new rates for the four minimum wage rates.