National Minimum Wage Increase
Please remember that as from today – 1st October 2015 – the minimum wage will jump up to £6.70 per hour for all workers over 21 years.
The Department for Business, Innovation and Skills has announced a raft of measures aimed at strengthening the enforcement regime for the National Minimum Wage and in advance of the introduction of the new National Living Wage (NLW). The NLW comes into effect from April 2016, as announced by the Chancellor in the Budget earlier this summer.
A mandatory rate of £7.20 per hour for all workers aged 25 and over comes into effect from April 2016.
NEW NATIONAL MINIMUM WAGE RATES FROM 1 OCTOBER 2015:
Workers aged 21 and over £6.70 (From £6.50 in 2014) minimum rate per hour
Workers aged 18-20 £5.30 (From £5.13 in 2014) minimum rate per hour
Workers aged under 16 and 17 £3.87 (From £3.79 in 2014) minimum rate per hour
Apprentices under 19 £3.30 (From £2.73 in 2014) or aged 19 and over in the first year of their apprenticeship