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.
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.
