NMW increases – from 1 October 2016:
• £6.95 per hour for workers aged 21-24
• £5.55 per hour for workers aged 18-20
• £4 per hour for workers aged under 18
• £3.40 per hour for apprentices.
The National Living Wage, for workers aged 25 or above, is unaffected.
It is thought that future changes to the NMW and NLW will take place at the same time in April each year, from April 2017.
Gender pay gap reporting
Employers with 250 employees or more will be required to publish details on gender pay and gender bonus gap every year.
It is the total headcount that should be counted, not the number of full-time equivalent posts, and apprentices must also be included.
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