National Minimum Wage Increase

by | Mar 22, 2021 | News

National Minimum Wage Increase

The National Living Wage (NLW), known as ‘Minimum Working Wage’ is a set hourly rate that all workers in the UK are entitled to be paid. The amount depends on your age and whether you are an apprentice.

As an employer, it is a violation of the law to not adhere to the NLW, in this scenario an employee has the right to seek proper compensation. Our job is to keep businesses aware of all legislation changes such as this one so that you can be proactive as a business ahead of time and make the changes that you need to.

The NLW is increasing, effective from the 1st of April. As an employer, you must pay this as a minimum which is why we have created a clear table so you are aware of the changes and can avoid breaching legislation.

This is what the National Minimum Wage currently is:

Age Current Rates
25 and over (NLW) £8.72
21 – 24 £8.20
18 – 20 £6.45
16 – 17 £4.55
Apprentice* £4.15

National Minimum Wage effective from 1st April:

Age Rates from April 2021
23 and over (NLW) £8.91
21 – 22 £8.36
18 – 20 £6.56
16 – 17 £4.62
Apprentice* £4.30

How can we help

If you would like to find out more about these changes or need advice about anything that is mentioned in the blog then we’re here to help! At Spire HR we can help with advice, support, payroll, and more.

Please do not hesitate to contact us via – 01925 626253 or at info@spirehr.co.uk

As we had recently come up against some difficult staffing issues which we had not experienced before, Ellen Parkin at Spire HR was recommended to us by one of our business partners to guide and assist us with the complex HR legalities we needed to adhere to.

Ellen was very efficient and professional and gave us instant confidence that she would be able to competently provide the help we needed. Ellen was readily accessible via email or telephone throughout the whole process and gave us the vital lifeline we needed during a very emotive and stressful time. Spire HR realised that as an SME, we had to balance the commercial viability for HR consultancy with the expertise and guidance we needed and Ellen was open and honest from the outset, providing a cost-effective and professional service. I would therefore have no hesitation in recommending Spire HR to anyone.

 

We are too small to justify a full-time HR employee; yet we cannot afford to ‘get it wrong’ The excellent service offered by Spire HR Solutions is the perfect solution for us

 

AGP have used Spire HR Solutions Limited for numerous matters relating to HR issues for both ourselves and clients of the practice. I have always found them to be extremely knowledgeable and helpful and to be very responsive to our needs.

Spire is now the practice’s first point of contact for any HR issues we encounter and I would certainly recommend them to anyone in need of assistance with any HR matters.

 

Ellen has helped streamline procedures and provide greater controls through her extensive knowledge and professional dedication, which has enabled me to concentrate on my main objective, growing the business.

I would say ‘key’ to her service is the confidence she provides with the HR guidance, I know without doubt that when dealing with my employees I follow the correct procedure and staff feel confident that they have the right HR support. The guidance on our bonus structure and appraisal scheme is one of many examples in which Ellen’s guidance has been invaluable.

I have been pleased with work Ellen has done for us and would not hesitate to recommend her to others. She provides a high quality, professional service and is very responsive to the needs of a small, growing organisation.