National Minimum Wages increased on 1st October 2016

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The National Minimum Wages increased on 1st October 2016

• For 21 to 24-year-olds, they must be paid at least £6.95 an hour, while 18 to 20-year-olds receive £5.55 an hour. For both groups this represents an increase of 25p per hour.
• The legal rate for 16 and 17-year-olds will go up 13p to £4 an hour.
• Apprentices must be paid £3.40, a 10p rise on the current rate.

Further increases are expected across all age groups in April 2017.

Whilst the new rates do not affect the national living wage (NLW) for over-25s, which currently stands at £7.20 an hour, this rate will be reviewed next year as part of a drive to reach 60 per cent of median earnings by 2020.