9/7/2010 8:40:15 AM
National Minimum Wage rates to increase as of 1 October 2010
With effect of 1 October 2010 the adult NMW rate will be
extended to 21 year olds. In addition, an apprentice minimum wage
will come into effect:-
| Age
band |
NMW as of 1 / 10 / 2010 |
| Workers aged 21 and over (minimum rate per
hour) |
£5.93 |
| Workers aged 18-20 and those aged 21 and
over engaged in accredited training[i] during the first six months
of engagement[ii] (minimum rate per hour) |
£4.92 |
| Workers aged 16 and 17 (minimum rate per
hour) |
£3.64 |
| Apprentices under 19 (or aged 19 and over in
the first year of their apprenticeship) |
£2.50 |
Why is this relevant to my business relationship with ARM?
Where a change in legislation affects the Candidate’s minimum
remuneration, this necessary influences our charge rates. We refer
in this respect to Cls. 10.1 of our Terms of Business, which are
available here.
[i] "Accredited training" is (a) training attained
through a course of a description mentioned in the Further and
Higher Education Act 1992 (England and Wales), or (b) by means of a
course leading to a qualification approved under the Learning and
Skills Act 2000 (NVQ or GNVQ in England Wales or Northern Ireland)
and in Scotland an SVQ or GSVQ or other vocational qualification
awarded by the Scottish Qualifications Authority. In addition it
includes in-house training towards an NVQ or SVQ including at least
50% of the requirements of the relevant level and arrangements
known as the "New Deal".
[ii] This rate applies to workers who aged 21 and over
who are engaged in a new role with a new hirer and who have entered
into an agreement to take part in accredited training on at least
26 days during the first six months. During their first six months
they must be paid at least the "development rate" and thereafter
the full adult rate.