The national minimum and national living wage will increase in April, increasing the income of millions of employees in the United Kingdom.
From 1 April, those at National Living Wage (NLW) can expect a wage increase worth £ 1,400 per year, based on a working week of 35 hours. That breaks down to £ 26 a week, or £ 117 per month.
For those with a National Minimum Wage (NMW), the wage could be stimulated by no less than £ 2,500 a year for those who work full -time.
The increase applies to all employees on national life or minimum wage, whether they are full -time, part -time or in temporary roles.
The amount they earn depends on a number of factors, including their age and whether or not they are a student.
“This change is a new step in the direction of creating a really livable wage that supports millions of families throughout the country,” the government said.
How much will the minimum wage go up?
The NLW rises by 6.7% for people aged 21 and older to £ 12.21 per hour. That is an increase of 77p per hour.
For those who are between 18 and 20 years old, the minimum wage will rise by 16.3% – or £ 1.40 per hour – and it up to £ 10 per hour per hour.
For 16-17 year olds and students, the rate will rise to £ 7.55, an increase of 18%.
Should employees do something?
For employees with a minimum wage there is nothing they have to do to ensure that they receive their wage increase.
However, it is worth checking Pays slips after 1 April to ensure that the employer takes the mandatory increase in action if you are eligible.
For employers, the government will ensure that all employers are aware of the new rates and take the steps that are necessary to prepare for wage changes from 1 April.
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