National Living Wage Changes for 2017
This is a very short post as a reminder about the changes to the National Living wage and National Minimum Wage which take effect on 6 April
Changes for the National Living Wage and National Minimum Wage in 2017
While the government plans for the National Living Wage to rise to £9 per hour by 2020, for 2017 the changes are as follows.
- National Living Wage (workers 25 and over) will rise 30p to £7.50 per hour.
- National Minimum Wage for 21-24-year-olds will rise to £7.05 per hour.
- National Minimum Wage for 18-20-year-olds will rise to £5.60 per hour.
- National Minimum Wage for 16-17-year-olds will rise to £4.05 per hour.
- National Minimum Wage for apprentices younger than 19 (or over 19 in their first year of apprenticeship) will rise to £3.50 per hour.
All changes are scheduled for April 6.
The National Living Wage rate will change each April and the National Minimum Wage rate will change each October. Keep a look out and we will keep you informed of these changes as and when they are publicised.
2017 holds many changes for employers and employees.
Should you have any questions feel free to reach out to our help line. DLP advisors are available to answer any questions you may have at 0330 400 4495.
Image of coins courtesy William Warby via Flickr.