The laws are always changing when it comes to wages, but it is essential that you remain compliant and pay your staff fairly!
There are two very important laws that are in place regarding pay and that is the National Minimum Wage and the National Living Wage. Both are legal requirements for all employers to comply with to make sure that they are paying their staff enough money to survive.
The National Minimum Wage is the minimum pay per hour that most workers and apprentices aged 16 – 24 are entitled to by law.
What is the National Minimum Wage?
It currently stands at £3.50/h for an apprentice, £4.05/h for those aged 16-17, £5.60/h for 18-20 year olds and £7.05 if you are aged 21-24.
The National Living Wage has the same premise as the National Minimum Wage; however, it only applies to those aged 25 and over and it now stands at £7.50/h.
These figures are set to increase every April and are expected to rise until at least 2020.
How We Can Help
If you need some support in complying with the National Living Wage or National Minimum Wage, then we are here to help you.
Our HR consultants have years of experience when dealing with salary and complying with changing laws and we can support you in this area too.
Just call us on 0845 2626 260 for more information