Posted on 1/04/2019 by Jon Tongue
As of April the 1st 2019, we will see an increase both the UK's National Living Wage and National Minimum Wage, by 4.9% on average.
Apprenticeships see the biggest change receiving an increase of 5.4%, from £3.70 to £3.90 per hour. While the lowest increase comes for 16 - 17 year olds, receiving an increase of 3.6%, from £4.20 to £4.35 per hour.
You’re not entitled to the UK's National Minimum Wage and National Living Wage in 2019 if you’re any of the following:
- Under 16
- In the armed forces
- Some trainees and internships
- A volunteer or work experience
- Some Farm workers
It is suggested by The Low Pay Commission (LPC) that the new increase in the National Living & Minimum Wage increase on the 1st of April 2019 will benefit an estimated 2.4 million workers.
The HM Treasury says the annual earnings of a full-time minimum wage worker will have increased by a staggering £2,750 since the introduction of the NLW in April 2016.
Bryan Sanderson, the chairmen of the LPC, commented “The increase in the national living wage (NLW) to £8.21 in April 2019 will ensure a pay rise for the lowest-paid workers that exceeds both inflation and average earnings”
He continued to add “Over the past year, the labour market has continued to perform well and the economy, while subdued, has met the criteria of ‘Sustained growth’ set out in our remit for the National Living Wage. We therefore recommended an increase in line with a path to 60% of median earnings by 2020“
On current forecast, the LPC estimates that the National Living Wage will reach £8.62 in April 2020.
He stated further “We recommended real-terms increases to the national minimum wage (NMW) rates for younger workers and apprentices, as the labour market conditions for these groups remain strong. These rates will continue to rise faster than both inflation and average earnings.
“We opted for smaller increases than we recommended last year because of slightly weaker labour market conditions for young people, combined with insufficient evidence to fully understand the impact of the largest increases in a decade implemented in April of this year. However, next year’s will still be some of the highest increases on record”
Source: The Standard Date
Has your current recruitment agency updated you about the increase? If you have any enquires about the National Living Wage and National Minimum Wage increase as of April the 1st 2019, feel free to give us a call on 0116 262 3733 or leave us a message