National Minimum Wage and National Living Wage
The Low Pay Commission (LPC) is an independent public body that advises the Government each year on the National Minimum Wage (NMW) and National Living Wage (NLW).
The National Minimum Wage was introduced in April 1999. At this time, the main rate applied to workers aged 22 and over and there was a separate rate for those aged 18-21. A 16-17 year old rate was introduced in 2004, and in 2010 an apprentice rate was introduced and 21 year olds became eligible for the adult rate.
The National Living Wage was originally announced in the July 2015 Budget, as a new statutory minimum wage for workers aged 25 and over, set at £7.20 per hour from April 2016. The Government asked the LPC to recommend increases in the NLW to reach a target of 60 per cent of median earnings by 2020.
In 2020, the Government set a new target for the NLW, to reach two-thirds of median earnings by 2024.
In April 2021, it was announced that the age threshold for the National Living Wage would be lowered from 25 to 23 years old and the 23-24 age category abolished.
[edit] Related articles on Designing Buildings Wiki
Featured articles and news
Investors in People: CIOB achieves gold
Reflecting a commitment to employees and members.
Scratching beneath the surface; a guide to selection.
ECA 2024 Apprentice of the Year Award
Entries open for submission until May 31.
UK gov apprenticeship funding from April 2024
Brief summary the policy paper updated in March.
For the World Autism Awareness Month of April.
70+ experts appointed to public sector fire safety framework
The Fire Safety (FS2) Framework from LHC Procurement.
Project and programme management codes of practice
CIOB publications for built environment professionals.
The ECA Industry Awards 2024 now open !
Recognising the best in the electrotechnical industry.
Sustainable development concepts decade by decade.
The regenerative structural engineer
A call for design that will repair the natural world.
Buildings that mimic the restorative aspects found in nature.
CIAT publishes Principal Designer Competency Framework
For those considering applying for registration as a PD.
BSRIA Building Reg's guidance: The second staircase
An overview focusing on aspects which most affect the building services industry.
Design codes and pattern books
Harmonious proportions and golden sections.
Introducing or next Guest Editor Arun Baybars
Practising architect and design panel review member.
Quick summary by size, shape, test, material, use or bonding..