Following the Low Pay Commission’s recommendation on 24 October 2022, the Government has confirmed that the rates of the National Living Wage and National Minimum Wage are to be increased from April 2023, with most of the rates being increased by almost 10%.
The National Living Wage is the statutory minimum wage for workers aged 23 and over and there are different rates of National Minimum Wage for workers under this age and for apprentices.
From 1 April 2023:
The National Living Wage (23 years old and over) will increase from £9.50 per hour to £10.42 per hour (9.7%);
The National Minimum Wage for people aged 21-22 will increase from £9.18 to £10.18 per hour (10.9%);
The National Minimum Wage for people aged 18-20 will increase from £6.83 to £7.49 per hour (9.7%);
The National Minimum Wage for people aged 16-17 and the National Minimum Wage for Apprentices will increase from £4.81 to £5.28 per hour (9.7%);
The Accommodation Offset will increase from £8.70 to £9.10 per day (4.6%).
Please do not hesitate to contact us if you have any questions about staff pay.