nick venedi

Tuesday, 8 February 2011

Minimum wage levels

The minimum wage means that employers are obliged to remunerate their employees at or above the rate set.For periods starting on or after 1 October 2010, the main rate of the national minimum wage for workers aged 21 and over rose to £5.93 The development rate for workers aged 18 to 20 went up to £4.92, and for those employed and under the age of 18 who are no longer of compulsory school age rose to £3.64. A rate of £2.50 per hour was brought in for apprentices who are aged 19 or under.

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