Minimum wage and holiday entitlement increases
The UK minimum wage increased as of today,
leaving around one million employees nationwide
with a statutory pay increase as a result.
Additionally entitlement to annual leave has
also increased as of today, as part of an
ongoing reform of employment law.The full rate for minimum wage has increased from £5.35 an hour to £5.52 an hour, leaving the average minimum wage earner with an extra £7 a week in pay. Meanwhile the rate for 18-21 year old employees has increased to £4.60 from £4.44, and 16-17 year olds will see a rise of £0.10 an hour to £3.40 at statutory minimum.
Also in force as of today is the requirement to give 24 days a year in annual leave to full time employees, as opposed to the previous minimum of just 20. This will continue to rise incrementally to 28 days in 2009, to bring the UK in line with conditions elsewhere in Europe.
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