The age at which workers become eligible for the full national minimum wage (NMW) rate will drop to 21 this year - a move that will cost employers nearly £50 million.
The Government has published the latest NMW Regulations which state that the age from which the principal rate becomes payable falls from 22 to 21 on 1 October 2010. Employees of that age and above will be entitled to a minimum wage of £5.93 per hour - up 2.2% from £5.80.
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