National Minimum Wage rates from October 2015

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
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Web:                      www.backhouse-solicitors.co.uk