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Pay changes you need to know
Are you one of the many employers confused by the terminology used for minimum pay rates?
With the National Minimum Wage, National Living Wage and Living Wage, employers can be left scratching their head wondering how much they are legally required to pay their workers and who is entitled to receive it.
Employers have been caught out by minimum wage rules.
Some organisations, including big brands, have even been named and shamed for failing to pay the minimum. In order to ensure you are complying with the law and to avoid reputational damage, we explore the different terminology and give you current rates.
Don’t get caught out – the latest statutory pay requirements are listed below.
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Minimum Wage Rates
The minimum wage rate varies according to age and whether the individual is an apprentice. These rates are from 2019.
The National Living Wage (the rate for those aged 25 and over) is £8.21 per hour.
The National Minimum Wage (for those under the age of 25) is as follows:
- for 21 to 24 year olds, the rate is £7.70
- for 18 to 20 year olds, the rate is £6.15
- for 16 to 17 year olds, the rate is £4.35
- for apprentices, the rate is £3.90. Apprentices have the right to this rate if they are under 19 or if they are 19 or over and in their first year of their apprenticeship.