New Rates of National Minimum Wage

New Rates of National Minimum Wage

A brief reminder of forthcoming increases to the National Minimum Wage and other employment rates

 

From 1 April 2019, the National Minimum Wage increases as follows:

Rates20192018
National Living Wage (age 25+)£8.21£7.83
Adult rate (age 21-24)£7.70£7.38
Development rate (age 18-20)£6.15£5.90
Young workers rate (age 16-17)£4.35£4.20
Apprentice rate£3.90£3.70

 

From 6 April 2019, the cap on one week’s pay for calculating statutory redundancy payments will increase from £508 to £525.

Auto enrolment pension contributions will also increase from a minimum employer contribution of 2% and an employee contribution of 3%, to a minimum employer contribution of 3% and an employee contribution of 5%.

Finally, from 7 April 2019, the weekly rate of statutory maternity, paternity and adoption pay will increase to £148.68.

 

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