In April the increases to the National Living Wage (NLW) and the National Minimum Wage (NMW) take effect.
Have a look at how these increases could affect your business
|Year||25 and over||21 to 24||18 to 20||Under 18||Apprentice|
|April 2018 (current rate)||£7.83||£7.38||£5.90||£4.20||£3.70|
The apprenticeship rate applies if either:
The apprentice is aged under 19 or they are aged 19 or over and in their first year of their apprenticeship.
If you are looking at employing an apprentice, we can assist you in getting the right person for the job.
In April there are also increases to the maternity pay, paternity pay and adoption pay to £148.68.
The statutory sick pay increases to £94.25.
To be entitled to these statutory payments, the employee’s average earnings must be equal to or more than the lower earnings limit which is also increasing in April from £116 to £118.