National Minimum Wage 2019

National Minimum Wage 2019

The National Minimum Wage (NMW) is the minimum wage per hour a worker is entitled to in the United Kingdom. These rates are reviewed yearly by the government and are advised by the independent body Low Pay Commission (LPC).  As an employer these changes will affect how you pay your employees from April 2019.

For example workers aged 25 and over will be increasing from £7.83 to £8.21 per hour.  You can find more information at https://www.gov.uk/national-minimum-wage-rates

Since 2010 the minimum wage has increased by 38% for workers aged 25 and over, so it’s important to plan ahead for the changes.  You might need to look again at how much you charge for the goods and services you provide, or look to find savings and efficiencies elsewhere in your business.