04
Oct

Minimum Wage Changes 1.10.16

Posted on: 04th October 2016 at 00:00
Posted by: PANDA
Location: UK
Discipline: Other

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Those employing people should take note that the National Minimum Wage has increased:

The rates from 1 October 2016 are:

  • £7.20 per hour - 25 yrs old and over
  • £6.95 per hour - 21-24 yrs old
  • £5.55 per hour 18-20 yrs old
  • £4 per hour - 16-17 yrs old
  • £3.40 for apprentices under 19 or 19 or over who are in the first year of apprenticeship.

The rate will then change every April starting April 2017.

The rates from 1 October 2015 were:

  • £6.70 for workers 21 and over
  • £5.30 18-20 yrs
  • £3.87 for 16-17 yrs, who are above school leaving age but under 18
  • £3.30 for apprentices under 19 or 19 or over who are in the first year of apprenticeship.
If you need information as an employer, the ACAS website is really useful as a first port of call (link provided). There are lots of tips, templates, calculators, courses and tools for employers of all sizes and can offer help for employees too.