National Minimum Wage Rates – October 2015

National Minimum Wage Rates – October 2015

A reminder that the National Minimum Wage rates increase next month. From 1 October 2015 they will be as follows:

adult rate: £6.70 an hour
youth rate for those aged 18-20: £5.30 per hour
rate for those aged 16-17: £3.87 per hour
apprentice rate: £3.30 per hour
accommodation offset: £5.35 per day.
Note that in addition to these increases, a new “National Living Wage” (“NLW” – not to be confused with the Living Wage) will apply from April 2016, and will effectively introduce an additional higher tier into the National Minimum Wage system. The new rate, of £7.20 per hour, will apply to all adults aged 25 and over.