The Chartered Institute of Payroll Professionals ……………………………………………………………Policy News Journal
Adult rate (21-24) increases from £6.70 to £6.95 Youth Development Rate (18-20) increases from £5.30 to £5.55 16-17 Year Old Rate increases from £3.87 to £4.00 Apprentice Rate increases from £3.30 to £3.40 accommodation offset increases from £5.35 to £6.00
Further information on the National Minimum Wage and National Living Wage rates is available on GOV.UK .
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Celebrate Living Wage week 25 October 2016
Living Wage Week takes place each year during the first week of November and in 2016 the Living Wage Week will run from Sunday 30th October to Saturday 5th November.
The new UK and London Living Wage rates, which have been independently calculated, are announced every year on the Monday. The UK rate is announced simultaneously in cities around the country whilst the London rate is announced by the Mayor of London.
The current rates are UK rate £8.25 and the London rate £9.40.
For further information about the Living Wage Foundation and Living Wage week visit the Living Wage Foundation website.
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Low Pay Commission consider the NMW compliance gap 28 October 2016
The Office of National Statistics (ONS) have published the Bulletin Low pay in the UK: April 2016 which presents statistics on the number of employee jobs with pay less than the National Minimum Wage or the new National Living Wage in the UK.
The statistics are based on the data taken from the provisional results of Annual Survey of Hours and Earnings ( ASHE ).
In their recent blog, the Low Pay Commission (LPC) has considered the reasons for the ONS results which show that at least 300,000 or 19 per cent of workers covered by the National Living Wage were paid below it in April 2016 which is approximately 1.3 per cent of the workforce aged 25 and over as a whole. This suggests an increase on previous year’s results which were 160,000 or 15 per cent of 25+ workers covered by the NMW paid below in the previous year - approximately 0.7 per cent of the workforce as a whole.
“Measuring different things
…figures relate to underpayment at the introduction of the NLW, whereas those in April 2015 related to the mid-year point of the predecessor minimum wage. Previous research has found that non-compliance is higher the nearer you are to a change in pay, as employers take time to respond to the new rate…”
The blog can be read in full via the minimum wage blog page of the LPC on GOV.UK.
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The Chartered Institute of Payroll Professionals
Policy News Journal
cipp.org.uk
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