Increase to the National Minimum Wage
The government has approved a rise in the National Minimum Wage rates, resulting in the apprenticeship rate increasing by 5 pence from £2.68 to £2.73 from the 1st October 2014. Providers must ensure that apprenticeship vacancies which have a start date on or after the 1st October 2014 carry the new higher rate.
Please note that Higher Apprenticeships must be at the appropriate NMW rate for the age of the apprentice as a minimum. The National Minimum Wage rates from 1 October 2014, as recommended by the Low Pay Commission, for all age categories will be:
• a 19p (3%) increase in the adult rate (from £6.31 to £6.50 per hour);
• a 10p (2%) increase in the rate for 18-20 year olds (from £5.03 to £5.13 per hour)
• a 7p (2%) increase in the rate for 16-17 year olds (from £3.72 to £3.79 per hour)
• a 5p (2%) increase in the rate for apprentices (from £2.68 to £2.73 per hour)