When does the NMW and Living Wage increase?
Last week the Government announced a huge change for UK workers – Here is what you need to know:
Following on from the Budget in November 2017, Chancellor Phillip Hammond has announced that there would be an increase in the amount people will be entitled to earn in 2018.
The National Minimum Wage (NMW) is the minimum pay per hour most workers under the age of 25 are entitled to by law.
The government’s National Living Wage (NLW) is the minimum pay per hour most workers aged 25 and over are entitled to by law.
The NLW is to increase from £7.50 to £7.83 per hour while the NMW will increase as follows:-
- 21 to 24 year old rate from £7.05 to £7.38 per hour
- 18 to 20 year old rate from £5.60 to £5.90 per hour
- 16 to 17 year old rate from £4.05 to £4.20 per hour
- Apprentice rate from £3.50 to £3.70 per hour
How can Employment Law Services (ELS) help?
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