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National Minimum Wage is increasing from 1st October

Published on: 10th September 2015

As you will know National Minimum Wage is increasing on Thursday 1st October from £6.50 per hour to £6.70 per hour and as a consequence Exchequer Solutions will be raising the minimum rate required to ensure we can continue to pay the new NMW together with Holiday Pay, ERNI etc.

minimum-wage-increase-explained

We will be increasing our minimum on Umbrella from £8.28 per hour to £8.52 per hour and will be increasing our minimum on our PAYE model from £8.00 per hour to £8.25 per hour.

This increase will affect all payments made by Exchequer on Friday 9th October which therefore covers work done from Monday 28th September onwards.