Are you ready for the next minimum wage rise? - Thorne Widgery

The National Minimum Wage (NMW) and National Living Wage (NLW) will increase for all age groups, on 1 April 2018.

The following rates will apply from this date:

 

Year25 and over21 to 2418 to 20Under 18Apprentice
April 2017 (current)£7.50£7.05£5.60£4.05£3.50
April 2018£7.83£7.38£5.90£4.20£3.70

Failing to pay the correct statutory wage could result in severe penalties, including the possibility of a business being publicly named and shamed.

If you are concerned about rising employment costs or you would like assistance with managing your payroll, please speak to our team today.