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What is the National Minimum Wage?
With
a few exceptions, all workers in the UK aged 16 or over are legally
entitled to be paid a minimum amount per hour. This is regardless of the
kind of work they do or the size and type of company. The rate is
reviewed every year, and any increases take place in October.
How much is the National Minimum Wage?
There are different levels of National Minimum Wage, depending on the age of the worker.
The rates from 1st October 2011 are:
Apprentices under the age of 19 are now entitled to £2.60 an hour. Apprentices who are 19 or over and in the first 12 months of their apprenticeship are now entitled to £2.60 an hour. Apprentices who are 19 or over and not in the first 12 months of their apprenticeship are entitled to the National Minimum Wage rates stated above.
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Scott Vevers is the trading name of Scott Vevers Ltd. Registered in England - Company No: 06640217. Registered Office: 36 Corfe Road, Weymouth, Dorset, DT3 5RH. Scott Vevers are registered to carry on audit work and regulated for a range of investment business activities by The Institute of Chartered Accountants in England & Wales. |
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