The new minimum wage levels are:
As from 1 October, employees will no longer have to be aged 22 to become eligible for the top hourly minimum wage adult rate.
The new rates are: £5.93 per hour for low paid workers aged 21 and over, up from £5.80; £4.92 per hour for 18-20 year olds, up from £4.83; and £3.64 per hour for 16-17 year olds, up from £3.57.
If you think that paying for this increase will be tough, contact Simple HR and we can help you find productivity improvements that will more than pay for the latest NMW increase. If this increase puts a lot of pressure on your business Simple HR have a proven track record of reducing the financial burden and developing your team without impacting on your business performance or profitability.
For further information please contact us at email@example.com