Call us on:  0808 172 93 22

National Minimum Wage Increases

coins-123rf-ref-47388381Summary: Employers should be aware that from 1 October 2014 changes to the national minimum wage will come into effect.

The Changes

The Government has announced the following changes to the national minimum wage which will take effect from 1 October 2014:

From 1 October 2013 to 30 September 2014

From 1 October 2014

Standard Adult Rate

£6.31

 £6.50

Development Rate

£5.03

 £5.13

Young Workers Rate

£3.72

 £3.79

Apprenticeship Rate

£2.68

 £2.73

The Categories

The Standard Adult Rate

This rate applies to workers aged 21 or over.

The Development Rate

This rate applies to workers aged between 18 and 20 inclusive.

The Young Workers’ Rate

This rate applies to workers aged below 18 but above the compulsory school age who are not apprentices.

 Apprenticeship Rate

This rate applies to all apprentices under 19 years of age or those aged 19 and over but in the first year of their apprenticeship.

Contact Details

For more details about the minimum wage changes please contact:

fgmedia@fgsolicitors.co.uk

+44 (0) 1604 871143

This update is for general guidance only and does not constitute definitive advice.

Updated: by FG Solicitors
Call us on:  0808 172 93 22

NATIONAL MINIMUM WAGE INCREASES

coins-123rf-ref-47388381Summary: Employers should be aware that from 1 October 2014 changes to the national minimum wage will come into effect.

The Changes

The Government has announced the following changes to the national minimum wage which will take effect from 1 October 2014:

From 1 October 2013 to 30 September 2014

From 1 October 2014

Standard Adult Rate

£6.31

 £6.50

Development Rate

£5.03

 £5.13

Young Workers Rate

£3.72

 £3.79

Apprenticeship Rate

£2.68

 £2.73

The Categories

The Standard Adult Rate

This rate applies to workers aged 21 or over.

The Development Rate

This rate applies to workers aged between 18 and 20 inclusive.

The Young Workers’ Rate

This rate applies to workers aged below 18 but above the compulsory school age who are not apprentices.

 Apprenticeship Rate

This rate applies to all apprentices under 19 years of age or those aged 19 and over but in the first year of their apprenticeship.

Contact Details

For more details about the minimum wage changes please contact:

fgmedia@fgsolicitors.co.uk

+44 (0) 1604 871143

This update is for general guidance only and does not constitute definitive advice.