Pay floor to rise to £4.50 in October 2003

NATIONAL MINIMUM WAGE

Pay floor to rise to £4.50 in October 2003

The government has announced that the national minimum wage will increase from £4.20 an hour to £4.50 in October 2003.

The rate for 18-21 year olds will rise from £3.60 to £3.80. This follows recommendations made in the Low Pay Commission's fourth report, published in March 2003.

Want to know more?

• Department of Trade and Industry: You can download details of the announcement of a 30p hike in the minimum wage by accessing the DTI web site. Web site: www.dti.gov.uk/ER/nmw/index.htm
• Low Pay Commission: Take a look at the press release issued on 9 March 2003 by the Low Pay Commission. Web site: www.lowpay.gov.uk
• Incomes Data Services: Visit the national minimum section on the IDS web site for research, analysis and an overview of the legislation. Web site: www.incomesdata.co.uk
• TIGER: The government site TIGER (Tailored Guidance on Employment Rights) provides an easy-to-use guide to UK employment law, including minimum wage regulations. Web site: www.tiger.gov.uk

Posted 1 April 2003