National Living Wage
The National Living Wage is now in action. But who does it effect?
As of April 1st 2016, the National Living Wage (NLW) is now in full force. This means that it is now a legal requirement for workers aged 25 or over to be paid at least £7.20 per hour – unless of course they are in the first year of an apprenticeship.
This change is expected to make a significant difference to those eligible, who were previously being paid less than this. But who exactly does that include?
The graphic above shows how each eligible age group will be affected, in terms of the percentage of people in each age group who were being paid less than the National Living Wage prior to 1st April 2016.
For reference, the figures are also included here:
|
Age Bracket |
Being Paid Less than the National Living Wage (%) Prior to 1st April 2016 |
|
25-29 |
9.5% |
|
60+ |
8.9% |
|
30-39 |
6.8% |
|
50-59 |
6.5% |
|
40-49 |
6.3% |
Source: National Living Wage