Government Announces 1-1.9% Rise in NMW
Despite rumours & reports[1] 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 |