Government Announces 1-1.9% Rise in NMW
Despite rumours & reports earlier this month that the National Minimum Wage (NMW) could be frozen, or even cut, and the Low Pay Commission recommending a freeze for the Apprentice Rate, the government has announced increases to the NMW in all categories.
The modest increases – 1.9% for the adult rate, 1% for the Youth Development Rate, 1% for the 16-17 Year Old Rate, 1.1% in the Apprentice Rate, together with a 1.9% increase to the accommodation offset – will apply from wages earned in a Pay Reference Period commencing on or after 1 October 2013. That means if a monthly pay reference period commences on 30 September 2013, the new rates would not apply until 30 October 2013 – when the new pay reference period starts.
The rates payable from 1 October 2013 are:
|Adult rate||£6.31 an hour|
|Youth Development Rate||£5.03 an hour|
|16-17 Year Old Rate||£3.72 an hour|
|Apprentice Rate||£2.68 an hour|
|Accommodation Offset||£4.91 a day|