The official apprentice minimum wage is currently £3.90. Those entitled to this are people aged under 19, as well as all employees in the first year of their apprenticeship. Employers have the option to pay more, and many find this attracts a higher quality of candidate.
In April 2020, with the annual wage increase, apprentices will see their hourly rate rise by 6.4% to £4.15. This increase is well above the CPI gauge of inflation for with year, which was announced as 1.5 per cent.
Prime minister, Boris Johnson has stated that the increase amounts to the “biggest ever cash boost” to the minimum pay level. He added “hard work should always pay, but for too long, people haven’t seen the pay rises they deserve”.
It is hoped that the apprentice minimum wage will benefit workers, whilst also remaining a manageable cost for smaller companies. This balancing act should mean that everyone is paid fairly, and that businesses are not impeded from taking on apprentices.
The new minimum wage per age bracket are displayed below. Find out more on the government website.