News
December 2007
NMW Rates Set To Rise
National Minimum Wage (NMW) rates are set to rise again from 1 October 2007. The increased rates will be as follows:
- Adult rate (workers aged 22 and over) will increase to £5.52 (from £5.35)
- Development rate for 18-21 year olds will increase to £4.60 (from £4.45)
- Development rate for 16-17 year olds will increase to £3.40 (from £3.30)
Meanwhile, Business and Enterprise Secretary, John Hutton, told the Trades' Union Congress conference that employers who do not pay the full NMW to workers will face potentially higher penalties for non compliance and the government will make more resources available to target non compliant employers.
Internet links: Press release and NMW rates
