From October 2008 the National Minimum Wage will increase to
£5.73 for workers aged 22 and over;
£4.77 for 18-21 year olds; and
£3.53 for 16-17 year olds.
A change is on the horizon, it has been recommended that from October 2009 the National Minimum Wage age band for 22 and over will change to 21 and over.
Ministers met union figures and Labour Party activists at a National Policy Forum in Warwick to make plans for a possible fourth term.
Discussed in these talks included plans to reduce the qualifying age from 22 and over, to 21 and over. The TUC recommended last year that the the minimum wage should increase to over £6.00 per hour and this should apply to 18 year olds.
The measures agreed by the National Policy Forum will be voted on at the Labour Conference in September.
If you need any help relating to the National Minimum Wage, contact an advisor of PAYEpeople today on 01942 811767.
For the latest minimum wage rates *click here*
