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Changes to National Minimum Wage and National Living Wage

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In case you hadn’t heard, some of the national minimum wage rates changed on the 1st October 2016.

The current rates are now:

  • The rate for workers aged 21 to 24: up 3.7% to £6.95.
  • The development rate (workers aged 18 to 20): up 4.7% to £5.55.
  • The young workers rate (non-apprentices aged under 18 but above compulsory school age): up 3.4% to £4.00.
  • The apprenticeship rate: up 3% to £3.40.
  • The accommodation offset limit: up to £6.00.

The National Living Wage applies to workers aged 25 and over is unchanged at £7.20 an hour.

A quick way to calculate whether you’re paying the national minimum (or living) wage is by using the ACAS calculator. Although it’s designed to help employees rather than employers, it’s still a useful tool.

If you do have any questions about the national living wage, feel free to get in touch.

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Andrew Crisp

Andrew Crisp is the Principal Solicitor at Mason Bullock Solicitors. He has over 25 years’ experience advising employees and employers on employment law, with a particular focus on settlement agreements. He regularly helps employees understand their rights, negotiate better terms, and complete the settlement agreement process with confidence. Mason Bullock Solicitors is authorised and regulated by the Solicitors Regulation Authority.

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