Increase in National Minimum Wage – October 2014

The government has approved a rise in the national minimum wage (NMW). From the 1st of October 2014 NMW rates will be:

  • A 19p (3%) increase for over 21 year olds (from £6.31 to £6.50 per hour)
  • A 10p (2%) increase in the rate for 18 to 20 year olds (from £5.03 to £5.13 per hour)
  • A 7p (2%) increase in the rate for 16 to 17 year olds (from £3.72 to £3.79 per hour)
  • A 5p (2%) increase in the rate for apprentices (from £2.68 to £2.73 per hour).