2 days ago
National Minimum Wage increases
The Government have announced the latest rates for the national minimum wage, which will come into effect from 1 October 2015.
The biggest rise is for apprentices. Despite the Low Pay Commission recommending a 7p rise (which would have been a 2.5% increase), the Government has said it will rise 57p from £2.73 to £3.30. This is a 20% increase.
The Government has accepted the Low Pay Commissions recommendation in respect of other rate rises, which is no surprise given the forthcoming election. There are:
|Rate from 1st October 2015|
|Age 21+|| |
|Age 18-20|| |
With the Government naming and shaming the worst offenders who do not pay with the national minimum wage, employers must make sure they comply with the changes.