Draft regulations to increase the National Minimum Wage published

Topic: Draft regulations to increase the National Minimum Wage

The draft National Minimum Wage (Amendment) Regulations 2020 have been laid before Parliament and are due to come into force on 1 April 2020. The regulations will increase the various rates of the National Minimum Wage (NMW) and National Living Wage (NLW) as follows:

• the NLW rate for workers aged 25 and over will rise from £8.21 to £8.72 per hour
• the NMW standard rate for workers aged 21 to 24 will rise from £7.70 to £8.20 per hour
• the NMW development rate for workers aged 18 to 20 will rise from £6.15 to £6.45 per hour
• the NMW young workers rate for those aged 16 and 17 will rise from £4.35 to £4.55 per hour
• the NMW apprentice rate for apprentices under 19 years of age or those aged 19 and over but in the first year of their apprenticeship will rise from £3.90 to £4.15 per hour
• the daily offset for the provision of living accommodation will rise from £7.55 to £8.20 per day.

To know more on Draft regulations to increase the National Minimum Wage, Book a Free Consultation