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Sep
17th

MINIMUM WAGE By: Gordon

Please remember that the new national minimum wage rates will be coming into force on 1 October 2010.

There is also a new rule affecting 21-year-olds which needs to be highlighted.
The move to reduce qualification for the adult minimum wage to 21 will, however, push up business costs.

As from 1 October, employees will no longer have to be aged 22 to become eligible for the top hourly minimum wage adult rate.

The new rates are: £5.93 per hour for low paid workers aged 21 and over, up from £5.80; £4.92 per hour for 18-20 year olds, up from £4.83; and £3.64 per hour for 16-17 year olds, up from £3.57.

For the first time there will be an apprentice minimum wage of £2.50 per hour. The new rate will apply to those apprentices who are under 19 or those that are aged 19 and over but in the first year of their apprenticeship.

Edward Davey, the employment relations minister, said: “The increases to the national minimum wage this year are appropriate for the economic climate. They will strike a balance between helping the lowest paid whilst at the same time not jeopardising their employment.

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