The new rates for minimum wage have been confirmed and will take effect from 1st October 2014.
Adult rate – Increase from £6.31 to £6.50 per hour
18-20 year old rate – increase from £5.03 to £5.13 per hour
16-17 year old rate – increase from £3.72 to £3.79 per hour
Apprentices rate – increase from £2.68 to £2.73 per hour
The Government have also commented that they hope to make bigger increases to the national minimum wage over the years, subject to the economy.
Increase in Tribunal Fees for Certain Claims
On the 6th April 2014, the following claims will be amended to Type B claims for the purposes of the level of Tribunal fees to be paid. This is to correct a mistake in the original legislation where the claims below were detailed as being Type A.
- Equal Pay
- Sex equality in pension schemes
- Failure to inform or consult under TUPE
- Failure to allow compensatory rest under the Working Time Regulations 1998
- reach of the right to request time off for training
As employers are aware, Type B claims attract an initial fee of £250 to lodge a claim and then a further £950 as a hearing fee.
If you require any employment advice, please do not hesitate to contact the Employment Team on 01604 258558.