UK Minimum wage | What you need to know

Definition: Minimum wages have been defined as “the minimum amount of remuneration that an employer is required to pay wage earners for the work performed during a given period, which cannot be reduced by collective agreement or an individual contract”[1]

What is minimum wage?

In the UK the minimum wage is set by the government, this is something they review yearly and if changes are recommended these will be enforced in April. By law an employer must pay a minimum wage to their employees. In the UK the minimum wage is split into two categories:

1. National minimum wage - this is minimum wage for those aged 22 or under, or an apprentice.

2. The national living wage – this is for all those aged 23 or over

As of April 2021, the minimum wage is as follows:

Rate from April 2021

National Living Wage - £8.91

21-22 Year Old Rate - £8.36

18-20 Year Old Rate - £6.56

16-17 Year Old Rate - £4.62

Apprentice Rate - £4.30

Accommodation Offset - £8.36[2]

Setting the right wage for your employees is a key part of ensuring you remain compliant with UK employment law.

Further information: Get in touch today to find out how Quinton Oakes can help with UK employment law and make sure you get the right start. Email: Phone number: 020 8058 7808

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