National Minimum Wage Increases 2016

The government has recently announced increases in the national minimum wage (NMW) which will take effect from October 2016.

The new rates are as follows:

• The rate for 21 to 24 year-olds will rise from £6.70 to £6.95
• The rate for 18 to 20 year-olds will rise from £5.30 to £5.55
• The rate for 16 to 17 year-olds will rise from £3.87 to £4.00
• The apprentice rate will rise from £3.30 to £3.40

These rate rises follow the introduction of the national living wage (NLW) of £7.20 which took affect from April 2016 for workers aged 25 and over.