National Minimum Wage and National Living Wage rates

Posted on Nov.24, 2016 by in Latest News

The hourly rate for the minimum wage depends on your age and whether you’re an apprentice. You must be at least:

  • School leaving age to get the National Minimum Wage
  • aged 25 to get the National Living Wage – the minimum wage will still apply for workers aged 24 and under.

Current rates:
These rates are for the National Living Wage and the National Minimum Wage from 1 April 2016.

25 and over 21 to 24 18-20 Under 18 Apprentice
£7.20 £6.70 £5.30 £3.87 £3.30

National Minimum Wage rates change every October. National Living Wage rates change every April.

To find out more about the National Minimum Wage and National Living Wage rates, please contact us to speak with our of our independent financial advisers.

Generation FS

Generation FS