The forthcoming national minimum wage changes
The various rates of the national minimum wage (NMW) will increase with effect from the 1st October 2016. What are the new rates and from when do you apply the increases? From 1st October 2016 the NMW rates will rise as follows: The standard (adult) rate for workers aged 21 to 24 will increase from £6.70 to £6.95 per hour. The development rate for workers aged 18 to 20 will increase from £5.30 to £5.55 per hour. The young workers rate for those aged 16 to 17 will increase fro
National minimum wage to increase from 1 October 2016
The government has accepted in full the recommendations of the Low Pay Commission on national minimum wage rates from October 2016, signifying increases ranging from 3% to 4.7%. What are the new rates? The government has announced that the various rates of the national minimum wage (NMW) are all to increase with effect from 1 October 2016. The relevant increases are: The adult rate for workers aged 21 to 24 will rise by 3.7% from £6.70 to £6.95 per hour The youth development
