There are
new national minimum rates coming into force on 1st October 2012: £6.19 for
workers aged 21 and over, £4.98 for those 18-20 (frozen) and £3.68 for 16-17
year olds (frozen).
Good news
for apprentices whose minimum wage will increase from £2.60 to £2.65 which we
feel is just above slave labour rates now. With youth unemployment hitting
worryingly high rates, increasing the minimum wage for younger job seekers will
only put employers off taking staff on.
Hopefully
this move will instil some confidence in employing younger workers as well as
giving young people a chance to get on the career ladder. However the Rowntree
Foundation points out that the minimum wage is not the same as a living wage. A
single person in work needs to earn £16,400 a year in order to be left £193 a
week net after paying basic rent, tax and national insurance.
Simon Morgan - HR Dept
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