With effect from 1 October 2016 the following national minimum wage and national living wage hourly rates take effect:
|Age||From 1 October 2016||Previous Rate|
|National Living Wage||£7.20||£7.20|
|Main rate for workers aged 21-24||£6.95||£6.70|
|Rate for 18-21 year olds||£5.55||£5.30|
|Rate for 16-17 year olds||£4.00||£3.87|
Please note: in future years both the National Minimum Wage and National Living Wage rates will be updated in April, starting in April 2017.
If you have any questions about the National Minimum Wage or National Living Wage Rates please do not hesitate to contact us at Holden Associates.