The National Minimum Wage is the minimum wage per hour that a worker is entitled to in the UK.
The rates are reviewed annually.
The National Minimum Wage rates from 1st April 2018 are:
National Living Wage (over 25s) - £7.83 / hour
National Minimum Wage (21 – 24) - £7.38 / hour
National Minimum Wage (18 – 20) - £5.90 / hour
National Minimum Wage (16 – 18) - £4.20 / hour
Apprentice wage - £3.70 / hour.
A recent article (March 2017) for the Family and Childcare Trust suggested that thousands of nursery workers were paid below the minimum wage while an article in Nursery World Magazine (Nov 2017) suggests many smaller providers are concerned that the rise in the minimum wage will lead to some nurseries closing.
Further research suggests that auto-enrolment pensions and 30 hour funding is also playing a part in this crisis.
Will you be affected adversely by the National Minimum Wage increase?
Discuss the steps your nursery is taking to minimise the impact on the Nursery Chat Facebook group - share your practice with colleagues to promote forward thinking and support growth.
Thank you, Sarah.