07 Feb Remember Changes to National Minimum Wage and Living Wage due 1st April 2017
Posted at 12:08h in Advice
The draft National Minimum Wage (Amendment) Regulations 2017 (‘the regulations’) have been published and will come into effect from 1st April 2017:
* The National Living Wage for 25-year-olds and over will increase by 30p from £7.20 for to £7.50.
* The adult rate (21-24) will increase to £7.05 an hour which is 10p more than the current rate of £6.95.
* The Youth Development rate which affects 18-20-year-olds will increase to £5.60 per hour which is 5p more than the current rate of £5.55.
* The under 18-years-old rate will also see an increase up to £4.05 per hour which is 5p more than the current rate of £4.00.
* The Apprentice Rate will increase to £3.50 per hour which is 10p more than the current rate of £3.40.