All change for 1st October
by Sarah
Today marks the second date of changes in the employment law calendar.
From today the National Minimum Wage for over 22’s is £5.52 (up from £5.35). The development rate for 18-21’s is £4.60 (up from £4.45) and the development rate for 16-17 year olds is £3.40 (up from £3.30).
The new rules on statutory minimum holiday also take effect from today so that the minimum holday entitlement is 24 days including bank holidays.
The next date for the bi-annual changes in the employment calendar will be 1st April 2007.
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