The National Living Wage is being introduced in April 2016 and will be £7.20 ph for all employees aged 25 and over. Penalties for non-compliance (for the National Minimum Wage and the National Living Wage) include 200% of the unpaid wages, a heavy fine and being named in the media as a guilty party!
The ‘Living Wage’ which is the wage considered by an independent body to be appropriate for the basic cost of living (and not a legal requirement) is currently £8.25 ph, and is reviewed each November.
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