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New rates now apply from 1st October 2016 for the National Minimum Wage. This will have an immediate impact on all working students in the UK as it is the largest increase since 2008.
The minimum wage is the minimum rate of pay per hour you are entitled to by law, dependent on your age and your employment status (worker or apprentice).16-17 years olds are now entitled to a minimum wage £4 per hour,18-20 year olds are now entitled to a minimum wage of £5.55 per hour.21-24 year olds are now entitled to a minimum wage of £6.95 per hour.Apprentices under the age of 19 or 19 or over who are in their first year of a recognised apprenticeship will now be entitled to a minimum wage of £3.40 per hour.You can check out whether your employer is paying you the correct level of minimum wage by using the government's National Minimum Wage Calculator.
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