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The National Minimum wage- what does this mean for you?

Amanjit Dhillion - Monday, November 03, 2014

The National Minimum Wage (NMW) for apprentices as of October 2014 has risen to an almighty £2.75 per hour – not a lot really is it. 

This is one of the main reason’s people between the ages of 16 – 25 argue against apprenticeships.  In hindsight you are not going to be millionaire overnight, everybody starts somewhere – Sir Alan Sugar is a prime example of this.

Alan Sugar, is one of the UK’s biggest business magnets who’s estimated net worth is $1.14 billion dollars (£700 million). He is mostly known for his starring role in the BBC TV reality program The Apprentice. 

Sir Alan was brought up in a small council house in Hackney East London. At the age of 12 before attending school he was up at 6:00 am every day to boil beetroots at the local greengrocers for extra money alongside a milk and paper round. Once leaving school at the age of 16 Sugar started selling car aerials and electrical goods out of a van which he purchased with savings of £50.

Yes Sir Alan Sugar did not do an apprenticeship but what we are trying to emphasise is that an Apprenticeship allows you to build on skills within a specific job role whilst gaining a recognised qualification. You are not going to go into the workplace knowing everything there is to know about the job. As you grow in experience your pay will increase.

Bear in mind this is the National MINIMUM Wage for apprentices. This the minimum amount an employer can pay an apprentice aged 16 – 18. If you are aged 19 and over you can only be paid £2.75 for the first year of your apprenticeship only, and after that you are paid the NMW for your age group.

A vast majority of employers do pay more.  On average an employer will pay an apprentice £170 per week. 

Remember that your pay does include off the job training. So every time that you are attending some sort of training provider – wither it be college or university, you are getting pad for the hours that you spend there. 

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