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
