Minimum wage rates from 1 October 2016
The National Minimum Wage (Amendment) Regulations 2017
The Government has accepted the Low Pay Commission's recommendations for minimum wage rates for 2016-17.
The rates applicable for those aged 25 or under are set out below. For those over 25 the national living wage - described in the Government press release as 'in effect a fifth minimum wage rate' - will apply. The Low Pay Commission will make recommendations this Autumn on the rate of the National Living Wage to apply from April 2017.
|**Structure, level and increases in the minimum wage**|
|Current level||From April 2016||From October 2016 - April 2017||Increase|
|Adult rate (21+)||NLW (25+) £7.20||£7.20||n/a|
|Adult Rate (21-24) £6.70||£6.95||3.7%|
|16-17 Yr Old Rate||£3.87||£4.00||3.4%|
To read the full press release click here.
Published: 15/03/2016 09:41