The National Minimum Wage and the National Living Wage rate increases have today come into effect. The Department for Business, Energy and Industrial Strategy said in a statement that this would be an increase of £930 over the year for those over the age of 24.
The National Living Wage for those aged over 24 will increase by 6.2% to £8.72 per hour, with the National Minimum Wage for those aged 21 to 24 increasing by 6.5% to £8.20 per hour. For those aged between 18 and 20 there is a 4.9% increase to £6.45 per hour, for those aged under 18 it’s increasing by 4.6% to £4.55 per hour and the apprentice rate increases by 6.4% to £4.15 per hour.
Frances O’Grady, the General Secretary of the TUC, said in a statement:
“Many – including care workers and supermarket staff – are currently on the frontline of the battle against coronavirus. They deserve every penny of this increase, and more. The best way to show our respect is to get the minimum wage up to a real living wage as soon as possible. Millions of low-paid workers are struggling to make ends meet. That’s not right during a pandemic, or at any time.”