Each year new National Minimum Wage and National Living Wage (NMW / NLW) pay rates are announced, these come into force in the first full pay reference period following the 1st of April. These are the minimum pay rates that you must pay your employee(s).
National Minimum Wage and National Living Wage | |||
---|---|---|---|
Source: Gov.uk | |||
From 1st April 2022 | From 1st April 2023 | Increase % | |
National Living Wage (23+) | £9.50 | £10.42 | 9.68% |
Adult rate (21-22) | £9.18 | £10.18 | 10.89% |
Young adult (18-20) | £6.83 | £7.49 | 8.81% |
Under 18 | £4.81 | £5.28 | 9.77% |
Apprentice Rate | £4.81 | £5.28 | 9.77% |