SUMMARY: The government has announced that from 1 October 2016 changes to the National Minimum Wage will come into effect.
The following changes to the national minimum wage will take effect from 1 October 2016:
|1 April 2016||From 1 October 2016|
|National Living Wage||£7.20||
|Standard Adult Rate||£6.70||
|Young Workers Rate||£3.87||
THE NATIONAL LIVING WAGE
This rate applies to workers aged 25 or over.
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 but who are not apprentices.
This rate was introduced in October 2010 and applies to all apprentices under 19 years of age or those aged 19 and over but in the first year of their apprenticeship.
For more details about the national minimum wage changes please contact:
+44 (0) 1604 871143
This update is for general guidance only and does not constitute definitive advice.