National Minimum Wage Increase – 1 April 2020

National Minimum Wage Increase – 1 April 2020

10:28 20 January in General
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The new National Minimum Wage being introduced this year will see low-paid workers earn almost a thousand pounds more per year.

The new rate of pay will come into effect on 1 April 2020, with a rise from £8.21 to £8.72 for workers over the age of 25, marking an increase of 6.2%.

 

Year 25 and over 21 to 24 18 to 20 Under 18 Apprentice
April 2019 (current rate) £8.21 £7.70 £6.15 £4.35 £3.90
April 2020 £8.72 £8.20 £6.45 £4.55 £4.15

 

It means a full-time worker aged 25 or over who receives the National Minimum Wage will get a pay rise of £930 per year.

Further information can be found by visiting https://www.gov.uk/national-minimum-wage-rates.

Kind Regards

CFS Redundancy Payments Ltd

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