National Minimum Wage Changes: 1 October 2016
The Government has announced increases in the National Minimum Wage from 1 October 2016.
The increased rates are as follows:
- National Living Wage (workers 25 and over): £7.20 (no change from rate introduced on 1 April 2016)
- Workers aged 21 to 24: £6.95 (up 3.7% from £6.70)
- Development rate (workers aged 18 to 20): £5.55 (up 4.7% from £5.30)
- Young workers rate (non-apprentices aged under 18 but above compulsory school age): £4.00 (up 3.4% from £3.87)
- Apprenticeship rate: £3.40 (up 3% from £3.30).
The accommodation offset will also increase from £5.35 per day to £6.00 per day.
The Government has also confirmed that from April 2017 all National Minimum Wage rates, including the National Living Wage, will be increased in parallel.
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