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Tuesday, 14 September 2010

National Minimum Wage to increase from 1st October 2010

The National Minimum Wage (NMW) was first introduced to give
Employers a minimum hourly rate which Employees should expect to
receive.

However, although initially applicable to only a few age and
job groups, this has developed to now include workers under the age of
18 (no longer of compulsory school age) and those undertaking
apprenticeships.

Rates (Current)

£5.80 the main rate for workers aged 22 and over
£4.83 the 18 – 21 rate
£3.57 the 16-17 rate for workers above school leaving age but under 18
For those of compulsory school age, there is currently no specified NMW and some other employment rights are also different.


Rates (as of 1st October 2010)

£5.93 the rate for workers aged 21 and over
£4.92 the 18 – 21 rate
£3.64 the 16 – 17 rate
£2.50 the rate for apprenticeships who are either under 19 or in their first year of their apprenticeship

For more help and assistance get in touch here www.barecruitment.co.uk