News
Back2020 Starts With Welcome News On Pay Rates
03/01/2020
Great news to the beginning of 2020 for anyone who is paid the National Minimum Wage. The UK Government have announced increases across all national minimum wage rates effective from 1st April 2020.
The National Living Wage (for over 25-year-olds) will increase 6.2% from £8.21 to £8.72.
The National Minimum Wage will rise across all age groups, including:
· A 6.5% increase from £7.70 to £8.20 for 21-24-year-olds
· A 4.9% increase from £6.15 to £6.45 for 18-20-year-olds
· A 4.6% increase from £4.35 to £4.55 for Under-18s
· A 6.4% increase from £3.90 to £4.15 for Apprentices
It means a full-time worker aged 25 or over who receives the National Living Wage will get a pay rise of £930.
Smart Recruitment will be talking to all customers regarding this change in legislation, and can provide advice on how to ensure your pay rates remain competitive in order to attract the right people.
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