Posted on 12th March 2016 at 14:46
DO YOU KNOW THE DIFFERENCE?
Do you have employees over the age of 25 years? If the answer is yes you should be aware a new National Living Wage is being introduced.
National Living Wage
The National Living Wage will be introduced on 1 April 2016 and will be payable to workers aged 25 and over who are not in the first year of an apprenticeship. The current rate is £7.20 per hour. The current National Minimum Wage for those under the age of 25 still applies. Rates previously increased annually in October, but from April 2017 will change every April in line with the National Living Wage.