Thursday 27 September 2012

New National Minimum Wage (NMW) rates will come into force on 1 October 2012 | nibusinessinfo.co.uk


National Minimum Wage rates changes

New National Minimum Wage (NMW) rates will come into force on 1 October 2012

The National Minimum Wage (NMW) is a minimum amount per hour that most workers in the UK are entitled to be paid. The rate depends on age and whether the worker is an apprentice.

The new rates will come into force on 1 October 2012, as follows:

£6.19 per hour for workers aged 21 and over - a rise of 11 pence
£4.98 per hour for 18 to 20 year olds - no change
£3.68 per hour for workers above school leaving age but under 18 - no change
£2.65 per hour for apprentices - a rise of 5 pence


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