New National Minimum Wage rates announced

Posted on 18 Mar 2015 by Jonny Williamson

From October 1 2015, the adult hourly rate of the National Minimum Wage (NMW) will rise from £6.50 to £6.70, and the apprentice rate will be set at £3.30, a rise of 57p, it’s been announced.

The 3% rise to the NMW, as recommended by the independent Low Pay Commission (LPC) in March 2015 this year, is the largest real-terms increase in the National Minimum Wage since 2007 and is set to benefit more than 1.4 million of Britain’s lowest-paid workers. However the Government rejected the LPC’s recommendation for the apprentice rate,…

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