The Government has today announced the following increases to the National Minimum Wage with effect from October 2015:
| Standard Adult Rate | For workers aged 21+ | £6.70/hour (+20p / 3%) |
| Development Rate | For workers aged 18-20 | £5.30/hour (+17p / 3%) |
| Young Workers Rate | For workers aged 16-17 | £3.87/hour (+8p / 2%) |
| Apprenticeship Rate | £3.30/hour (+57p / 21%) | |
| Accommodation offset | £5.35/day (+27p / 5%) |
The increases are in line with the recommendations of the independent Low Pay Commission with the exception of the Apprenticeship Rate which has been increased by 21% rather than the recommended 3%.
If you are unsure about how to apply the National Minimum Wage, or would like to discuss its implications for your business, please get in touch today for a free 30 minute consultation with one of our expert employment law solicitors.
Tel: 01245 893400
Email: info@backhouse-solicitors.co.uk
Web: www.backhouse-solicitors.co.uk
