National Minimum Wage

by Aspiring Training on December 17, 2015 No comments

All National Minimum Rates increased from October2015.

The main National Minimum Wage Rate, for those 21 and over, increased from £6.50 to £6.70 per hour. It is essential that employers identify when an employee has moved into a new age band to ensure they pay the full National Wage due from that point. The maximum penalty for failing to pay the right amount is now £20,000 per employee.

As announced in the Summer Budget, the National Living Wage for those under aged 25 and over will be set at £7.20 per hour from April 2016. The minimum wage will still apply for workers age 24 and under.

Aspiring TrainingNational Minimum Wage

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