What is Happening?
As of 1st April 2019 the rate of pay for workers aged 25 and over will increase to £8.21 per hour as the national living wage.
In terms of the national minimum wage the increases are:
- 21- to 24-year-olds to £7.70 per hour;
- 18- to 20-year-olds to £6.15 per hour;
- 16- to 17-year-olds to £4.35 per hour; and
- apprentices to £3.90 per hour.
Why Does it Matter?
As an employer or an employee it is important that you are aware of legislation changes surrounding pay so that you are aware of what you are entitled to receive and give in terms of pay.
It is also important that you are aware of who is and isn’t entitled to the national minimum wage, which is explained on the gov.uk website.
What Do I Need to Do?
The national minimum and living wages are legally binding requirements; meaning that all organisations providing wages must meet the criteria specified for employees.
Therefore as an employer it is crucial to ensure that by April 1st the relevant changes are made within organisations to ensure that the policy is in line with the legislation.