Tag Archives: NMW

National Minimum Wage 2016

Minimum Wage!

The National Minimum Wage (NMW) is subject to increase on 1st October 2016, the new rates being:

21 – 24: £6.95

18 to 20: £5.55

Under 18: £4.00

Apprentice*: £3.40

And a few key points to note:

  • The Apprentice Rate applies to apprentices under 19 or over 19 if they are in their first year of apprenticeship.  If you employ an apprentice who is over 19 and past their first year of apprenticeship then they are entitled to the rate for their age.
  • The National Living Wage (NLW) for workers age 25 and over remains at £7.20 per hour.
  • Both the NMW and NLW will be subject to review and change each April, commencing April 2017.  This means that you may have workers who need a pay increase now and will be entitled to another one in six months time.

Further information on the minimum wage changes can be found on the ACAS website

If you’d like any further information on the minimum wage increases you can contact Lisa Middleton, or email payroll@kelsallsteele.co.uk.

National Minimum Wage Increases 2014

Minimum Wage

The annual update to the national minimum wage (NMW) came into effect from 1 October 2014 with the new rates being published as:

21 and over: £6.50

18 to 20: £5.13

Under 18: £3.79

Apprentice*: £2.73

The apprentice rate is for those apprentices aged 16 to 18 and those aged 19 or over who are in their first year.  All other apprentices are entitled to the minimum wage for their age.

It really doesn’t matter how small an employer is, they still have to pay the minimum wage. The NMW is worked out at an hourly rate even if the eligible worker is not paid by the hour. There is a handy online calculator to help work out if you are currently paying the correct minimum wage rate for your employees.

Accommodation

If you are an employer providing accommodation, the offset rate for accommodation (including rent, gas, electricity, furniture laundry) is £5.08 a day or £35.56 a week. You can find out more about employer provided accommodation on the gov.uk website

If you’d like any further information on the minimum wage increases you can contact Lisa Middleton, or email payroll@kelsallsteele.co.uk.

National Minimum Wage Increases

Today sees the national minimum wage (NMW) rates increase. The new rates that apply as of 1 October 2013 are as follows:

  • Workers aged 21 years or over: £6.31
  • Workers aged 18 to 20 inclusive: £5.03
  • Workers aged under 18: £3.72
  • Apprentices aged under 19: £2.68
  • Apprentices aged over 19 in the initial year of their apprenticeship: £2.68

Apprentices aged 19 or over and having completed a year of their apprenticeship are entitled to NMW at the rate for their age.

Further details on the National Minimum Wage can be found on the GOV.UK website