National Minimum Wage Rates October 2016
The Low Pay Commission (LPC) has published its 2016 Spring Report on the National Minimum Wage and the Government as accepted the recommendations, as follows:
Adult rate (21-24)
to increase from £6.70 to £6.95 (3.7%)
Youth Development Rate (18-20)
to increase from £5.30 to £5.55 (4.7%)
16-17 Year Old Rate
to increase from £3.87 to £4.00 (3.4%)
Apprentice Rate
to increase from £3.30 to £3.40 (3%)
The government has also confirmed that it will be aligning the cycle of the National Minimum Wage and the National Living Wage from April 2017. This means that the recommendations will last 6 months rather than the usual 12. There will be further recommendations in the Autumn on the level of all minimum wage rates (including the National Living Wage) from April 2017.