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.