Jan 2017

23

Living and Minimum Wage Increases on 1st April 2017

On the 1st April 2017 the minimum and living wage will increase again. Going forward the rate will then change every April, starting in 2017. 

The National Minimum Wage (NMW) is the minimum pay per hour most employees are entitled to by law. An employee's age and if they are an apprentice will determine the rate they will receive. The National Living Wage is the national rate set for people aged 25 and over.

  Rates from 1 October 2016 are: Rates from 1 April 2017 will be:
25 yrs old and over £7.20 per hour £7.50 per hour
21-24 yrs old £6.95 per hour £7.05 per hour
18-20 yrs old £5.55 per hour £5.60 per hour
16-17 yrs old £4.00 per hour £4.05 per hour
Apprentices under 19 or 19 or over who are in the first year of apprenticeship £3.40 per hour £3.50 per hour

Posted byDebbie ClarkeinPayroll