Increases In The Minimum Wage

By March 16, 2016Uncategorized

The government has announced increases in the minimum wage paid to under-25s, which will see workers aged between 21 and 24 picking up an extra 25p per hour.
In a move that will be formally unveiled in Wednesday’s budget, the rate for the 21-24 age bracket will rise to £6.95 per hour. Those aged 18 to 20 will see the minimum wage grow by 4.7 per cent to £5.55 an hour (currently £5.30) and for 16-17 year olds it will reach £4 an hour, up from £3.87 today.
The measures will take effect from October 2016.