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National Minimum Wage - Rates from 1st October 2010

For pay periods beginning on or after 1st October 2010, employers will have to pay eligible workers the following:

- £5.93 an hour (workers aged 21+);
- £4.92 an hour (workers aged 18 - 20);
- £3.64 an hour (workers under 18 who are no longer of compulsory school age).

New entitlement for apprentices

For pay period beginning on or after 1st October 2010, employers will have to pay at least £2.50 an hour to apprentices who are:
- under the age of 19;
- aged 19 or over and in the first year of their apprenticeship.
(Currently such apprentices are NOT entitled to the NMW.)

To qualify to receive the NMW, the apprentice must either:
- work under a contract of apprenticeship
- be employed on a government funded training scheme that is treated as an apprenticeship for NMW purposes.

nb. Employers are allowed to offset an amount of £4.61 per day from the NMW for each day a worker is provided with living accomodation.

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Elsby & Co is a trading name of:
Elsby & Company (Sywell) Ltd. Registered in England no. 05377378. Director: Carl Elsby ACA; and
Elsby & Co (Northampton) LLP. Registered in England no. OC332210.
Partners: Carl Elsby ACA, Ian Baldwin.
Sat 19 May 2012 web design | login Copyright © 2012 elsby & co