The National Living Wage represents an increase of 50p per hour on the National Minimum Wage, which remains applicable to workers aged 21 to 24. The National Living Wage was announced in the Budget in the summer of 2015 and reflects the government’s intention to remove the need for state benefits that many lower ages workers currently rely on to top up their income. For someone working full time the increase will be worth £910 per year.
New National Living Wage for over 25s
Effective 1 April 2016 workers aged 25 and over who are not in the first year of an apprenticeship are entitled to receive the new National Living Wage, set at £7.20 per hour.