UK National Minimum Wage 2018

UK National Minimum Wage to rise in April 2018

The UK Low Pay Commission’s Autumn 2017 report has recommended that the minimum hourly rates should increase in April 2018 to:


UK National Minimum Wage / National Living Wage to rise in April 2018..

The UK Low Pay Commission’s Autumn 2017 report has recommended that the minimum hourly rates should increase in April 2018 to:

Hourly Minimum Rates

£7.83 for workers aged 25 and over (the National Living Wage) (Up from £7.50)
£7.38 for 21-24 year olds (Up from £7.05)
£5.90 for 18-20 year olds (Up from £5.60)
£4.20 for 16-17 year olds (Up from £4.05)
£3.70 for apprentices aged under 19 or in the first year of their apprenticeship. (Up from £3.50)

These increases are due to come into effect from April 2018, subject to Parliamentary approval. The Government intends to lay implementing Regulations before Parliament in due course.

On the National Living Wage, the Government asked the Low Pay Commission to recommend the rate such that it reaches 60% of median earnings by 2020, subject to sustained economic growth.
The National Living Wage was introduced in April 2016 and was increased to £7.50 in April 2017 – benefitting over 1.5 million workers.
The Low Pay Commission’s recommendation is to remain on path to meet 60% of median earnings by 2020.

UK National Minimum Wage 2017

The UK Minimum Hourly Rates of pay from April 2017 were:

Hourly Minimum Rates

£7.50 for workers aged 25 and over (the National Living Wage)
£7.05 for 21-24 year olds
£5.60 for 18-20 year olds
£4.05 for 16-17 year olds
£3.50 for apprentices aged under 19 or in the first year of their apprenticeship.

You must be at least aged 25 to get the National Living Wage – the minimum wage will still apply for workers aged 24 and under.


129.1 - 873,718
Scroll down for Comments
0 0 votes
Article Rating
Subscribe
Notify of

This site uses Akismet to reduce spam. Learn how your comment data is processed.

0 Comments
Inline Feedbacks
View all comments
0
Would love your thoughts, please comment.x
()
x