The new minimum wage came into effect today, raising the pay for 21 year olds and over to £6.50. This increases the annual wage for a worker on a 40 hour week to £13,500.
There has also been an increase for Apprentices, Under 18’s and 18 to 20 year old. The table below shows the previous and new minimum wages for each group.
Year | 21 and over | 18 to 20 | Under 18 | Apprentice* |
2014 (current rate) | £6.50 | £5.13 | £3.79 | £2.73 |
2013 | £6.31 | £5.03 | £3.72 | £2.68 |