National Minimum Wage going UP
Don’t let the new National Minimum Wage catch you by surprise this April and ensure your payroll budgets are set in advance…
|Year||25 and over||21 to 24||18 to 20||Under 18||Apprentice*|
|From 1st April 2018||£7.83||£7.38||£5.90||£4.20||£3.70|
|From 1st April 2017||£7.50||£7.05||£5.60||£4.05||£3.50|
|From 1st Oct 2016||£7.20||£6.95||£5.55||£4.00||£3.40|
|From 1st Oct 2015||£6.70||£5.30||£3.87||£3.30|
|From 1st Oct 2014||£6.50||£5.13||£3.72||£2.73|
|From 1st Oct 2013||£6.31||£5.03||£3.72||£2.68|
|From 1st Oct 2012||£6.19||£4.98||£3.68||£2.65|
|From 1st Oct 2011||£6.08||£4.98||£3.68||£2.60|
|From 1st Oct 2010||£5.93||£4.92||£3.64||£2.50|
*This 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 for their age.
For more information regarding the minimum wage increase and how it will affect your payroll costs – contact us on 0117 9328145.