National Minimum Wage Increase Reminder
A reminder that the National Minimum Wage (NMW) will increase from 1 October 2016 as follows
|Current rate||Rate from 1 October 2016|
|21-24 year olds||£6.70||£6.95|
|18-20 year olds||£5.30||£5.55|
|16-17 year olds||£3.87||£4.00|
It is important that employers update their payroll in time for 1 October 2016.
Employers need to be aware that failure to pay staff the NMW is a criminal offence and can give rise to fines and expensive claims.
If you need any help with implementing these changes or if you have any queries about your payroll please contact Gordon Gruppetta on 01132574506 or email [email protected]