What Is A Minimum Wage Salary Uk In this article we discuss the minimum wage in the UK including the current minimum wage the factors that affect minimum wage and how to calculate a minimum wage yearly salary Key takeaways The UK s minimum wage established in 1998 has increased over time and applies to all workers aged 23 or older as the National Living Wage with non
The below salaries are based on the National Living Wage for 18 20 years with the standard full time working hours Current salary 31st March 2025 40 hours per week 8 60 x 40 x 52 17 888 per annum pre tax 37 5 hours per week 8 60 x 37 5 x 52 16 770 per annum pre tax Salary from April 1st 2025 The Government has announced National Minimum Wage rates for 2025 including the National Living Wage The new rates which will come into force from 1 April 2025 are as follows NMW Rate
What Is A Minimum Wage Salary Uk
What Is A Minimum Wage Salary Uk
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An example of how the minimum wage works if your employer provides accommodation Freddie Farmhand is a 27 year old farm worker who earns 564 week for 48 hours of work This works out to be 11 75 hour more than the current minimum wage 11 44 However Freddie lives in accommodation provided by his employer Younger employees aged between 16 and 20 external receive the National Minimum Wage For 18 19 and 20 year olds the National Minimum Wage is 8 60 but will go up to 10 an hour in April
The worker must be paid at least the minimum wage for the time he spends at the appointments plus the travel time between appointments Example 2 A care worker has 2 appointments one in the By law an employer must pay a minimum amount on average for the hours you work This is called the National Living Wage NLW for anyone aged 21 or over National Minimum Wage NMW for anyone aged under 21 or an apprentice Someone must be at least of school leaving age to get the National Minimum Wage
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Apprentices are entitled to be on the minimum wage Most apprentices have the same right to minimum pay as the rest of the workforce The exception to minimum wage laws for apprentices is that regardless of age all first year apprentices are only entitled to the lowest rate of minimum wage In 2023 this will be 4 81 From 1 April 2024 the National Minimum Wage for 16 17 year olds and apprentices will be 6 40 up from 5 28 In salary terms someone in full time employment working a 40 hour week will earn a gross annual salary of 13 312 00 up from 10 982 40 National Insurance thresholds also went down in January 2024 from 12 to 10
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