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National Minimum Wage 2014

How much is the National Minimum Wage?

Most workers in the UK over school leaving age are entitled to be paid at least the National Minimum Wage (NMW). There are no exemptions for smaller businesses; they should still pay their workers the NMW. The NMW tends to increase in October each year.

Since October 2013, the rates have been:

  • £6.31 for workers 21 and over
  • £5.03 18 - 20 years
  • £3.72 for 16-17 years, who are above school leaving age but under 18
  • £2.68 for apprentices under 19 or 19 or over who are in the first year of apprenticeship.

But from October 2014, the rates will be as follows:

  • £6.50 for workers 21 and over
  • £5.13 18 - 20 years
  • £3.79 for 16-17 years, who are above school leaving age but under 18
  • £2.73 for apprentices under 19 or 19 or over who are in the first year of apprenticeship.

It is important to note that these rates, which come into force 1 October 2014, apply to pay reference periods beginning on or after that date.

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