HR Update on the Minimum Wage
What is changing?
In April 2019 the following will come into force:
National Living Wage (applicable to workers aged 25 years and over) and the National Minimum Wage (applicable to workers under the age of 25 years) will increase from:
- £7.83 to £8.21 per hour for those aged 25 years and over
- £7.38 to £7.70 per hour for those aged 21-24 years
- £5.90 to £6.15 per hour for those aged 18-20 years
- £4.20 to £4.35 per hour for those 16-17 years; and
- £3.70 to £3.90 per hour for apprentices who are under 19 years or over 19 years and in their first year of apprenticeship.
- The requirement for employers to provide, in payslips, details of the total number of hours worked where pay is variable depending on hours worked (e.g. zero hours contracts).
What do I need to do?
Ensure you pay the correct statutory rates from 01 April 2019 and provide relevant pay information from 06 April 2019.
For the National Living Wage/National Minimum Wage, check the rates you are paying your workers and keep a record of the number of hours worked by each worker, e.g. timesheets, to ensure you are paying them, on average, at the least the minimum rates per hour.
For payslips, ensure hours worked are detailed on payslips for workers whose pay is variable.
Where Can I Find Further Information?
To discuss how the team at Greens Consultancy can support you in addressing these areas, contact us by phone or email. Contact us on 0116 216 9224 or at email@example.com