New National Minimum Wage and National Living Wage rates from April 2017!
Posted on 27th February 2017 at 13:27
From the 1st April 2017 both the National Minimum Wage and National Living Wage rates will increase. Please read to ensure you don't underpay your staff.
From the Autumn Statement released in October 2016, on the 1st April 2017 there are to be changes to the National Minimum Wage and the National Living Wage. It’s vital every business is aware of the changes because underpaying staff minimum wage could be very costly.
Below are the new rates to take place in April 2017:
National Minimum Wage
• 25 and overs- £7.50 per hour
• 21-24 year olds- £7.05 per hour
• 18-20 year olds- £5.60 per hour
• Under 18 year olds- £4.05 per hour
• Apprentices (under 19 or 19 and over who are in 1st year of apprenticeship)- £3.50 per hour
National Living Wage
The National Living Wage was introduced by the Government in April 2016 to all working people aged 25 and over. Currently the rate is £7.20 per hour, but in April 2017 it will increase to £7.50 per hour. Note that this is set for people aged 25 and over, therefore the National Minimum Wage still applies to those under the age of 25.
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