Monday 30 September 2013

National Minimum Wage - New Rates

The National Minimum Wage rise comes into effect on 1 October 2013.

The regulations increase the hourly rate of the National Minimum Wage (NMW) as follows:

• For adults aged 21 years and older the NMW rises to £6.31 (a rise of 12p) .

• The rate for apprentices under the age of 19 or in the first year of their apprenticeship increases to £2.68 (a rise of 3p).

• The rates for 18-20 year olds increases to £5.03 (a rise of 5p) and

• The rate for workers above the school leaving age but under 18 increases to £3.72 (a rise of 4p).

The maximum daily amount for living accommodation, which counts towards pay for NMW purposes (the accommodation offset), is increased to £4.91 (a rise of 9p).

No comments:

Post a Comment

Followers

Powered by Blogger.

Gareth Stokes
Director

t: 023 8023 4222

HJSGrouplogogrey
HJS61

Home | Contact Us | News | Links | Blog