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Young workers in UK set for pay increase of up to £450

Staff Writer | October 1, 2016
Young workers earning the National Minimum Wage are set to receive a pay rise of up to £450 a year from today, October 1, 2016.
Young workers UK
Britain   The highest ever National Minimum Wage
The government has increased HMRC’s enforcement budget this year by £7 million.
Around 270,000 workers aged 21 to 24 years earning the minimum wage will see their hourly wage rise by 25p an hour to £6.95. It is the largest increase since 2008, outstripping average wage growth and inflation.

The new rate is the highest ever National Minimum Wage in real terms, surpassing the previous pre-recession peak. Those working 35 hours a week will get a boost of £450 a year.

Around 210,000 workers aged under-21 years and apprentices will also see an increase to their earnings.

Everyone entitled to the national minimum or living wage has to receive it. Employers who fail to pay are found and punished, as well as being publicly named and shamed.

The government has increased HMRC’s enforcement budget this year by £7 million, improving its ability to crack down on employers who fail to pay staff properly.

The rise in the National Minimum Wage follows the introduction of the £7.20 National Living Wage in April 2016 for those aged 25 years and over, giving around 1.3 million workers a pay rise.


 

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