Increase in Minimum Wage – what does the next 12 months hold?

legal updates

The minimum wage is set to increase again this October.

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It has been announced that minimum wage is set to increase again this October to the following rates;

•    £6.70 for workers 21 and over
•    £5.30 18 – 20 yrs
•    £3.87 for 16-17 yrs, who are above school leaving age but under 18
•    £3.30 for apprentices under 19 or 19 or over who are in the first year of apprenticeship.

As always, it is good to be ahead of the game and make sure that any staff that your currently pay below this amount are paid correctly before October to avoid any penalties from the Low Pay Commission.

ACAS have recently launched a helpful online tool which guides employers through managing employees pay http://www.acas.org.uk/payguide which clients may find to be of use.

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