New National Minimum Wage rate comes into force on 1 October 2012
What is the National Minimum Wage?
The following hourly rates of the National Minimum Wage will apply from 1 October 2012:
- The standard adult rate (workers aged 21 and over) will be £6.19.
- The development rate (workers aged between 18 and 20) will be £4.98 (unchanged from last year).
- The young workers rate (workers aged under 18 but above the compulsory school age who are not apprentices) will be £3.68 (unchanged from last year).
- The rate for apprentices will be £2.65.
From 1 October 2012, the accommodation offset will be £4.82 each day.
Further Information: National Minimum Wage (Amendment) Regulations 2012 (SI 2012/2397).
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