It has been announced that the National Minimum Wage (NMW) will increase from 1st October 2010. The changes will be as follows:
• For workers aged 21 and over: the rate will increase to £5.93 from £5.80;
• For workers aged 18-20: the rate will increase to £4.92 from £4.83;
• For workers aged 16 and 17: the rate will increase to £3.64 from £3.57.
There will also be the introduction of a National Minimum Wage for apprentices of £2.50. This will be applicable to apprentices under the age of 19, or apprentices aged 19 and over who are in the first year of their apprenticeship.
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