The Government has today confirmed that it has accepted the recommendations from the Low Pay Commission (LPC) on the new rates for the National Minimum Wage, as referred to in yesterday’s Budget.
The new rates, which will come into force on October 1, will be:
- £5.93 per hour for low paid workers aged 21 and over (a 2/2% increase on the current £5.80 rate)
- £4.92 per hour for 18-20 year olds (a 1.9% increase on the current £4.83 rate)
- £3.64 per hour for 16-17 year olds (a 2% increase on the current £3.57 rate)
The Government also announced that it has accepted the LPC’s recommendation to introduce an apprentice minimum wage of £2.50 per hour. The new rate will apply to those apprentices who are under 19 or those that are aged 19 and over but in the first year of their apprenticeship.