New National Minimum Wage Rate from April 2017

british coinsThe draft National Minimum Wage (Amendment) Regulations 2017 have been published with a new minimum pay rate set to become effective from 1 April 2017.

The regulations will boost the National Living Wage rate for workers aged 25 and over to £7.50/hour (from £7.20)

 

The rates for workers aged under 25 will be as follows:

  • For workers aged 21-24:  £7.05 (from £6.95/hour)
  • For workers aged 18-20:  £5.60 (from £5.55/hour)
  • For workers aged under 18 but above the compulsory school age who are not apprentices:  £4.05 (from £4.00/hour)
  • For apprentices (*): £3.50 (from £3.40/hour)

(*) – The apprentice rate is for apprentices aged 16 to 18 and those aged 19 or over who are in their first year.  All other apprentices are entitled to the National Minimum Wage applicable to their age.

Employers should ensure that they payroll systems are updated to take account of the new rates. For more information or if you have any questions regarding the National Minimum Wage, please contact a member of our specialist employment law team.

 

Tel:      01245 893400

Email:  [email protected]

Web:    www.backhouse-solicitors.co.uk

Or visit our offices at 17 Duke Street, Chelmsford, CM1 1JU

 

 The Backhouse Solicitors Team