National Minimum Wage changes

The annual increase in the National Minimum Wage comes into effect on 1 October.

New Rates:

£6.50 per hour - employees aged 21 and over

£5.13 per hour - employees aged 18 - 20

£3.79 per hour - employees aged under 18

£2.73 per hour - apprentices

In March this year, new penalties were introduced for breaching the NMW rules. As a result, employers can be required to make up any NMW underpayments to employees and pay a penalty equaling the NMW they have underpaid, up to a maximum of £20,000.

The annual increase in the National Minimum Wage comes into effect on 1 October 2014.