Both the National Living and the National Minimum wage are going up on 1 April 2017. By law you must pay workers at least the appropriate National Living or National Minimum Wage depending on their age and whether they’re an apprentice. The rates are outlined below:
|Date||25 & over||21 to 24||18 to 20||Under 18||Apprentice|
|1 October 2016 (current rate)||£7.20||£6.95||£5.55||£4.00||£3.40|
|1 April 2017||£7.50||£7.05||£5.60||£4.05||£3.50|
As an employer you have a duty to be aware of and comply with the different legal National Minimum and Living Wage rates. If you need more information about the legal requirements then you can seek advice from Acas.
Even if you are paying the correct minimum rates you should be aware of some common mistakes made when calculating worker’s wages which can result in not complying with the law. To find out more information and examples, please click here!