What is the new national living wage? How the April 2016 change could affect you
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All you need to know about the change to the minimum wage in April.
By Louise Ridley, Assistant News Editor at The Huffington Post UK
Up to one in three workers in some parts of Britain will receive a pay rise when the new ‘national living wage’ comes into effect today [Friday], according to a new study.
The new legal requirement – which is effectively a new minimum wage – has been called a “hugely ambitious policy”, but some areas will benefit more than others from the new £7.20 an hour rate and adults under a certain age won’t get it at all, the Press Association reported.
Here are the facts you need to know:
What is the national living wage?
It is a new compulsory minimum wage premium from the British Government – a new higher legal minimum that employers have to pay their staff.
It applies only to workers over 25, and is £7.20 an hour or around £15,000 a year if you work a 40-hour week.
The national living wage is a significant pay increase for those entitled to it – the pre...
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