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HR Update – National Living Wage and National Minimum Wage, Rate Increases

National Living Wage and National Minimum Wage – Rate Increases

What is changing?

From 1st April 2020, the rates for National Living Wage (for workers aged 25 and over) and
the National Minimum Wage (for workers aged under 25) will increase.

What do I need to know?

The 6.2% increase in the National Living Wage is double the rate of average annual wage
growth and also twice the current rate of inflation therefore the impact on small businesses
could be significant.

The new rates will be as follows:

National Living Wage
£8.72 per hour (from £8.21) for workers aged 25 and over

National Minimum Wage
£8.20 per hour (from £7.70) for workers aged 21 to 24
£6.45 per hour (from £6.15) for workers aged 18 to 20
£4.55 per hour (from £4.35) for workers aged 16 and 17
£4.15 per hour (from £3.90) for apprentices aged under 19 and those aged over 19 in the
first year of their apprenticeship

What do I need to do?

Review your hourly rates to ensure they will not fall below the new rates on 1st April 2020
and, should there be any workers that require pay increases, check that the pay gap
between those workers and their managers is sufficient.
Should you have any questions at all, require any further information or want to discuss
requirements around statutory national wage rates, please contact Jacqui Green on 07904
151008 or email jacqui@greensconsultancy.co.uk

Sam Green Contact Us

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Sam Green

Sam’s passion for helping people and his qualifications as a Graduate Member of IOSH, Diploma in Occupational Safety & Health, NEBOSH Construction and PTLLS means that he can prevent small businesses from struggling with the requirements of good health and safety.