NATIONAL MINIMUM WAGE CHANGES APRIL 2020
The National Minimum Wage is the minimum wage per hour a worker is entitled to in the UK. These rates are reviewed annually by the government, who have this week confirmed that the National Living Wage (for employees over the age of 25) is set to rise by a huge 6.2%.
From 1 April 2020, the new rates are:
- The National Living Wage for ages 25 and above: up 6.2% to £8.72
- The National Minimum Wage for 21 to 24 year old: up 6.5% to £8.20
- For 18 to 20-year-old: up 4.9% to £6.45
- For under-18’s: up 4.6% to £4.55
- For apprentices: up 6.4% to £4.15
It is also important to note that although these rates take effect from the start of April, workers are only entitled to the new rate for pay reference periods that start on or after 1st April, e.g. if a monthly paid worker has a pay reference period that ends on 10th April, they would only be entitled to receive the new, increased rate from the first day of the new pay reference period, starting on 11th April.
Should you require any further guidance please click on the link https://www.gov.uk/government/news/government-announces-pay-rise-for-28-million-people