BrightPay Blog


Sep 2016

21

National Living Wage Increase 1st of October

The Government's National Living Wage was introduced on 1 April 2016 for all working people aged 25 and over, and is set at £7.20 per hour. The current National Minimum Wage for those under the age of 25 still applies.

From October 2016, the national minimum wage will rise by 3.7% to £6.95 for 21 to 24 year olds, and by 4.7% to £5.55 an hour for those aged 18 to 20.

The minimum wage for 16 to 17 year-olds will rise to £4.00 and apprentices will see their wages go up to £3.40. Almost half a million young people will benefit from the increases introduced.

Posted byCaoimhe ByrneinPayroll