From 1st October, the National Minimum Wage for apprentices will go up 5p from £2.68 to £2.73, although many employers tend to pay more than this.
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 National Minimum Wage for their age.
HM Revenue and Customs now imposes fines and has named and shamed companies that fail to comply with National Minimum Wage Regulations. If an employer underpays 10 workers, they could face penalties of up to £200,000.
Katja Hall, deputy director-general of the CBI, commented that more needed to be done above and beyond wage rises to help people get on the career ladder: “The rise in the national minimum wage will help hard-pressed families, but can only be one part of the answer when it comes to raising living standards and ensuring everyone feels the benefits of growth. Business and politicians must do more to help people progress in their careers and help them move into roles with increased pay.”
Ben Rowland, Co-Founder of Arch Apprentices, said: “The rise in the minimum wage for apprentices is welcome, indeed a little overdue. Our experience is that with the right support, guidance and training young people can be worth significantly more to their employers – and they should be paid accordingly.”
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