Just a reminder that the new rates for the National Minimum Wage come into force tomorrow 1st October 2015. Notwithstanding the recent publicity concerning the living wage the national minimum wage is still in place and indeed the Government has a naming and shaming policy and fines for those who fail to comply.
From 1 October 2015:
- the adult rate will increase by 20 pence to £6.70 per hour
- the rate for 18 to 20 year olds will increase by 17 pence to £5.30 per hour
- the rate for 16 to 17 year olds will increase by 8 pence to £3.87 per hour
- the apprentice rate will increase by 57 pence to £3.30 per hour.
According to the Government, this is the largest real-terms increase in the National Minimum Wage since 2007, and more than 1.4 million of Britain’s lowest-paid workers are set to benefit.