National Minimum Wage
New National Minimum Wage (NMW) rates came into effect on 1 October 2014.
- The hourly rate of the NMW increased to £6.50 (a rise of 19p) adults aged 21 years and older.
- The rate for apprentices under the age of 19 or in the first year of their apprenticeship increased to £2.73 (a rise of 5p).
- The rates for 18-20 year olds increased to £5.13 (a rise of 10p).
- The rate for workers above the school leaving age but under 18 increased to £3.79 (a rise of 7p).
The independent Low Pay Commission (LPC) was established following the National Minimum Wage Act 1998 to advise the Government on the NMW. It is made up of representatives from all sides of industry. These rate changes mirror the recommendations made by the LPC which were accepted in full by the Government.