National Minimum Wage now £6.50 per hour

06-Oct-2014 On 1st October 2014 the National Minimum Wage increased to £6.50 per hour with more than 1 million people set to see their pay rise by as much as £355 a year.

The National Minimum Wage rates from 1 October 2014 are:

  • a 19p (3%) increase in the adult rate (from £6.31 to £6.50 per hour)
  • a 10p (2%) increase in the rate for 18 to 20 year olds (from £5.03 to £5.13 per hour)
  • a 7p (2%) increase in the rate for 16 to 17 year olds (from £3.72 to £3.79 per hour)
  • a 5p (2%) increase in the rate for apprentices (from £2.68 to £2.73 per hour)
 The increase in the adult rate increases the real value of the minimum wage for the first time in 6 years through the biggest percentage increase since 2008.
 
Nicky Webster, Jan McDermott & Co’s payroll industry expert says: “All workers are entitled to the national minimum wage whether they work for you full time or part time, or whether they are an agency worker, a temporary or casual worker, a piece worker or a home worker.

We’re currently contacting all payroll clients to ensure you are correctly pay your staff but please do contact us in you have any questions."

Nicky can be reached on 0845 9000 691 or nicky@janmcdermott.co.uk