National minimum wage (NMW) | Practical Law
National minimum wage (NMW)
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National minimum wage (NMW)
Practical Law UK Glossary 4-200-3368
(Approx. 3 pages)
Glossary
National minimum wage (NMW)
A minimum hourly rate of pay set by government which applies, with some exceptions, to all
workers
. The
employer
is under the obligation to pay the NMW, and there are no exclusions for smaller employers. The provisions relating to the NMW are contained in the
National Minimum Wage Act 1998
and the
National Minimum Wage Regulations 2015 (SI 2015/621)
, and the rates are based on the recommendations of the independent
Low Pay Commission
.
For more information on the law relating to NMW, see
Practice note, National minimum wage
and for the current rates of NMW, see
Checklist, Current rates and limits for employment lawyers: National minimum wage
.