By Ian Holloway, head of legislation and compliance at Cintra HR & Payroll Services
We have only just implemented the accepted results of the Low Pay Commission’s (LPC) autumn 2016 report from April 2017. This saw the following changes to the National Minimum Wage and National Living rates:
• Adults (25+) aka the National Living Wage: £7.50
• Adult (21-24): £7.05
• Youth Development (18-20): £5.60
• 16- to 17-year-old (under 18 but over school leaving age: £4.05
• Apprentice £3.50
On 21 April 2017, the LPC launched its 2017 consultation in preparation for its report ahead of Autumn Budget 2017. Around this time, the chancellor of the exchequer will announce the rates that will apply for the first full pay reference period starting on or after 1 April 2018.
The consultation will be if interest to any organisation that pays workers at the National Minimum and National Living Wage (or bases pay increases on the value of these rates). Therefore, interested employers and employer representatives are encouraged to respond by
7 July 2017.
Posted on 27th April 2017 by Jerome Smail
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