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Minimum wage is changing - will you get more money next month?

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dailyrecord.co.uk

National Minimum Wage and National Living Wage (NLW) are set to rise next month in accordance with the government’s annual increase.

The changes to the rates were announced in December 2019 and will come into effect on April 1, 2020. The hourly rate for the minimum wage depends on your age, you must be at least: School leaving age to get the National Minimum Wage Aged 25 to get the National Living Wage - the minimum wage will still apply for workers aged 24 and under The increase next month means that the National Living Wage will rise from £8.21 per hour to an hourly rate of £8.72 - a 6.2 per cent pay rise.

Express.co.uk reports that the independent Low Pay Commissions estimates nearly three million workers are set to benefit from the

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