Welfare to Work

£6.19 Minimum wage agreed

£6.19 Minimum wage agreed

The Government today accepted the Independent Low Pay Commission’s (LPC) recommendations for this year’s National Minimum Wage (NMW) rates.

– The new rates willl come into effect on 1 October 2012:

– The adult rate will increase by 11p to £6.19 an hour

– The rate for 18-20 year olds will remain at £4.98 an hour

– The rate for 16-17 year olds will remain at £3.68 an hour

– The rate for apprentices will increase by 5p to £2.65 an hour.

Business Secretary Vince Cable said:

“I believe that the recommendations of the Low Pay Commission strike the right balance between pay and jobs, and have therefore accepted all the rate recommendations. The Low Pay Commission has done a good job in difficult circumstances.

See the report here

1 Comment

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