April 1st this year marked the 15th anniversary of the National Minimum Wage Act, and, as usual, this autumn there will be more pay increases to take effect across the board.
From 1 October 2014, the rates for National Minimum Wage will be:
- £6.50 per hour for workers aged 21 years and over
- £5.13 per hour for workers aged 18 to 20 inclusive
- £3.79 per hour for workers aged 16-17 above compulsory school leaving age
- £2.73 per hour for apprentices under 19, or 19 or over and in the first year of their apprenticeship
You may find amusing this list published by HMRC back in April, of their top 10 worst excuses for not paying the Minimum Wage. A personal favourite is one employer telling HMRC: “My employees don’t speak English, so they’re not entitled to it.”
Please note: This article is a commentary on general principles and should not be interpreted as advice for your specific situation.