The National Living Wage was introduced on 01 April 2016. This legislation saw an increase for employees over 25 and was set at £7.20. Any employees in the first year of their apprenticeship or under 25 years of stayed in line with the National Minimum Wage. The National Living Wage is set to rise to £9 per hour by 2020.
The National Minimum Wage is due to increase in October 2016 to the below figures:
- £6.95 per hour – 21-24 yrs old
- £5.55 per hour 18 – 20 yrs old
- £4.00 per hour – 16-17 yrs old
- £3.40 for apprentices under 19 or 19 or over who are in the first year of apprenticeship.