Wage Increase April 2018
National Living Wage workers set for £600 pay rise from April!
Over 2 million people on the National Minimum Wage and National Living Wage will get a pay rise on 1st April when new rates come into force;
Full time workers on the National Living Wage will earn over £600 more a year, a total uplift of over £2,000 since the National Living Wage was introduced in 2016 and almost 400,000 young workers are expected to benefit from the fastest increases in the NMW in more than 10 years.
Over 2 million people will get a pay rise from 1st April 2018 thanks to an above-inflation rise in national living and minimum wage rates.
The National Living Wage will go up by 4.4 per cent, from £7.50 to £7.83, meaning a full-time minimum wage worker will be over £2,000 better off since the introduction of the National Living Wage in April 2016. The tax-free personal allowance will also increase from £11,500 to £11,850.
Almost 400,000 young workers are expected to benefit from the fastest increases in the National Minimum Wage in more than 10 years.
From 1 April 2018 the rates for:
- workers aged 25 and over will be £7.83 per hour
- workers aged 21 to 24 will be £7.38 per hour
- workers aged 18 to 20 will be £5.90 per hour
- workers aged under 18 will be £4.20 per hour
- apprentices under 19 or in the first year of their apprenticeship will be £3.70 per hour
