The national minimum wage (NMW) will rise from 1 April 2018 to the following rates:
- Aged 25+ – £7.83 (previously £7.50)
- Aged 21-24 – £7.38 (previously £7.05)
- Aged 18-20 – £5.90 (previously £5.60)
- Aged 18 – £4.20 (previously £4.05)
The accommodation offset (applicable where any employer provides a worker with living accommodation) will rise from £6.40 to £7.00 for each day that accommodation is provided.
Is your business accidentally paying below the minimum wage?
The employment status of staff such as apprentices, interns and directors can be uncertain, and employers must be careful not to accidentally underpay them. As well as being publicly ‘named and shamed’ by HM Revenue & Customs, employers that fail to pay their workers the national minimum wage could face fines of up to £20,000.
For expert legal advice on this or any area of employment law, please email Paul Maynard (Employment Law Services Partner) or call him on 01323 435900. To learn about Paul’s skills and experience, please view his website profile.