Currently, the National Minimum Wage rate for 21 to 24-year-olds is £8.20 per hour. Average Salary and Wage in the UK. Average Salary in the UK (2020) £29,600 per year. The average salary in the UK is £29,600 per year (or £1,950 per month). The UK’s minimum wage began in April 1999, fulfilling a promise of Blair’s new Labour government. Engineer: £48,000 /year Living Wage in Scotland. The minimum wage rate depends on several factors, including the worker’s age. National Minimum Wage: £8.20: Age 18-20: National Minimum Wage: £6.45: Age 16-17: National Minimum Wage: £4.55: Apprentices aged 16-18 or first-year apprentices if you're 19 or over: National Minimum Wage: £4.15 What is the UK Minimum Wage? Michael Forsyth, the Employment Minister at the time said: ‘The biggest source of poverty is not low pay; it … UK Minimum wage Low Pay Commission on history of minimum wage and its effects, 2019 UK employment rate % For people aged 21-22, it will rise 16p from £8.20 to £8.36 (2.0 per cent). Blair was responding to popular demand, since the Conservative government in 1993 had ended the old system of minimum wages. Since 2010, the UK minimum wage has increased far above the inflation rate – from £5.93 to £8.21 (27% increase). In 2020 the the national minimum wage for adults over the age of 25 in the United Kingdom will rise to 8.72. However, there is significant evidence to dispute this. The national living wage (NLW) is an obligatory minimum wage paid to all workers in the UK. RISHI Sunak has been urged to delay the planned rise in the minimum wage amid fears it will put thousands more people out of work. The National Minimum Wage is also increasing for younger people. The chancellor is committed to … They will become eligible for the same hourly rate of £8.91 as those 25 and older in April 2021. Deviation from the national average salary; Dentist: £72,000 /year +143% . The Living Wage in Scotland is £9.30 an hour for everyone. The Living Wage in Scotland is a voluntary rate, which is independently calculated, that rises every year in November. Popular Salaries. Whilst the minimum wage has increased over the last few years to; £8.72 per hour currently, for those aged 25 and over, it was scheduled to rise to £9.21 per hour on April 25th 2021. From April 2020 the National Minimum Wage rate per hour is: £8.72 for workers aged 25 and over £8.20 for workers aged 21 to 24; £6.45 for workers under 18 to 20; £4.55 for workers under 18 £4.15 for apprentices aged under 19 and those aged 19 or over who are in their first year. This differs from the Minimum Wage, which can sometimes be referred to as the 'National Living Wage'. £1,950 per month. 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