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|