New Minimum Wage Rates Confirmed

The national minimum wage will increase from October 2014 as the Government has announced that they will accept the Low Pay Commission’s recommendations.

From 1 October 2014 the standard adult rate will rise by 3% to £6.50 per hour (up 19p from £6.31).

Additionally, the following rates will apply:

  • The youth development rate (workers aged between 18 – 20) will rise by 2%, to £5.13 (up 10p from £5.03).
  • The young workers rate for (those aged under 18 but above the compulsory school age who are not apprentices) will rise by 2% to £3.79 (up 7p from £3.72).
  • The rate for apprentices will rise by 2% from  to £2.73 (up 5p from £2.68).
This entry was posted in Devonshires, employment, employment law, UK employment and tagged , . Bookmark the permalink.

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