The National Minimum Wage Increases From April 2020
The national minimum wage is set to increase from April providing all employees on the minimum wage and those on an apprentice minimum wage a boost to their pay.
Millions of people are set to receive more per month from April 1st, 2020 when changes to the National Minimum wage and the National Living Wage will come into effect. The increase can see an additional £930 added to a full-time workers pay who’s on the National Living Wage.
Under the changes, low paid workers will receive a 6.2 percent pay rise with a new National Living Wage of £8.72 per hour.
Young workers who receive the National Minimum Wage will also benefit from a rise in pay, with increases ranging between 4.6% and 6.5%.
The exact increase is dependant on age, with 21-24 year olds seeing the latter 6.5% rise as the rate changes from an hourly £7.70 to £8.20 an hour.
National Minimum Wage Rates
National Minimum Wage 2019
Under 18’s: £4.35
18-20 year olds: £6.15
21 – 24 year olds: £7.70
25 and over: £8.21
National Minimum Wage 2020
Under 18’s: £4.55
18-20 year olds: £6.45
21 – 24 year olds: £8.20
25 and over: £8.72