It’s that time of year again when the National Minimum and National Living Wage is increase to help the Government meet its target of a National Living Wage of £9.00 per hour by 2020.
Below you will find a quick reference table showing 1st October 2016 rates compared to 1st April 2017 rates to easily identify the increases to be applied.
Age | 1st October 2016 | 1st April 2017
|
25 years and over
|
£7.20 | £7.50 |
21 to 24 years
|
£6.95 | £7.05 |
18 to 20 years
|
£5.55 | £5.60 |
16 to 17 years
|
£4.00 | £4.05 |
Apprentices under 19 years or over in their first year of apprenticeship
|
£3.40 | £3.50 |
Employers should be aware that different rules apply to apprentices and they should be careful to ensure that the correct level of pay is being given to each members of staff whether working under apprenticeship or not.
If you would like more information on the National Minimum Wage and the impact that it will have on your business or indeed, upon apprentices that employ, please do not hesitate to contact Alistair Haggerty on 01530 835041 or by email at ahaggerty@josiahhincks.co.uk.