National Minimum Wage and National Living Wage will grow on April 1st. Those aged over 25 on the National Living Wage will have advantage from an increase of 4.4%, with hourly payments rising from £7.50 an hour to £7.83 an hour. Younger workers and trainee will also have advantage from similar improvements, with the new rates as follows:
· 21-24 years old – £7.38 per hour
· 18-20 years old – £5.90 per hour
· Over obligatory school age – £4.20 per hour
· Apprentice – £3.70 per hour
There is likely to be added attention surrounding the incoming wage grows due to the release of the government’s latest ‘naming and shaming’ list of those employers who flunk to pay staff minimum wage. The government is increasing imposition in this area and considerable financial penalties can be issued to your clients if they flunk to meet the new legal requirements.