More money for apprentices

From Oct 1st 2015 the national minimum wage for apprentices has increased.The apprentice minimum wage rose as of 1st October by 57p per hour, to £3.30, which goes beyond the recommendation of the Low Pay Commission (LPC). This means that apprentices working 40 hours per week will see an annual increase in their pay packet of £1,185.The increase stands for all apprentices in the first year of their apprenticeship and for 16 – 18 year old apprentices, for any year.It is hoped that the change will bring apprenticeships closer to other working job options and encourage more young people to consider the apprentice route.Sajid Javid said that:
The increase for apprentices is the largest in history making sure that apprenticeships remain an attractive option for young people, while the National Minimum Wage will see the largest real-terms increase since 2007.”
Many employers pay above the minimum wage for apprentices already, but it is good to see the apprentice option and the added-value of apprentice employees being valued in monetary terms.

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