Are you ready for the National Living Wage?
50p rise on Minimum Wage
From 1st April 2016, over 25 year olds must receive the National Living Wage (NLW) of £7.20 per hour. The government wants to move from a low wage, high tax, high welfare society to a higher wage, lower tax, lower welfare society and the new national living wage is an essential part of this.
The National Minimum Wage (NMW) will still apply for workers aged 24 and under. Since October 2015 this is currently:
£6.70 for over 21’s
£5.30 for 18 to 20 year olds
£3.87 for under 18’s
If you are aged 25 or over and not in the first year of an apprenticeship, you will be entitled to the national living wage of £7.20.
All other apprenticeships fall under the NMW of £3.30. This rate is for apprentices aged 16 to 18 and those aged 19 or over who are in their first year. All other apprentices are entitled to the NMW for their age.
What do Riada Clients need to do?
Nothing... It is all part of our service.
Team Riada have been busy contacting all our clients to reassure them that we are implementing the National Living Wage for all our temporary workers.
So there is no need to worry as a Riada client, your business will be compliant from the word GO.
If you are not a Riada client and want some more information, you can visit www.livingwage.gov.uk
What do Riada Workers need to do?
Current temporary workers aged over 25 on the 1st April 2016 From 1st April 2016, Riada will automatically increase our over 25 workers’ pay rate to match the National Living Wage and you will see this on your weekly payslip from the 8th April. If you have any queries on your payslip, give Riada a call on 028 7032 6600 or send us a message.
What happens if I am 25 after 1st April 2016 If you are working with Riada, we will automatically increase your pay rate for your 25th birthday and you will see this reflected on your payslip the week after your birthday. We don’t mind if you want to give us a call to remind us - we love hearing from you!
Just to recap, the National Living Wage...
Is effective from 1st April 2016
Applies to all workers over 25
Applies if you are not in your first year of apprenticeship and you are over 25
Minimum wage applies to all other workers
If you are still not sure and want some help check out these links: Contact Riada www.livingwage.gov.uk National Minimum Rates Riada Legislations Update
Growing up isn’t so bad after all
- Team Riada -