National Living Wage, April 2019

Reminder!!

National Living Wage to increase almost 5% from 1stApril 2019.

From the 1stApril 2019 the National Living Wage (statutory national minimum wage for over 25 years of age) will increase from £7.83 to £8.21 – a 4.9% increase.

With the increase in effect, it is estimated that approximately 2.4 million workers will benefit; with a full-time worker gaining a £690 annual increase. It is thought that next year’s increase will be a higher percentage rise again.

Good news for workers, but potential difficulties for smaller businesses….

National Living Wage (NLW) and National Minimum Wage (NMW) rates below:

Year 25 and over 21 to 24 18 to 20 Under 18 Apprentice
April 2018 (current rate) £7.83 £7.38 £5.90 £4.20 £3.70
April 2019 £8.21 £7.70 £6.15 £4.35 £3.90

 

For more info visit https://www.gov.uk/national-minimum-wage-rates

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National Living Wage

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