Are you ready for the rise in the National Minimum Wage?

Rises in the National Minimum Wage will come into effect from 1 April 2023.

The National Minimum wage (NMW) increases are detailed in the table below.

The new rates are:

23 and over21 to 2218 to 20Under 18Apprentice
April 2022 (current rate)£9.50£9.18£6.83£4.81£4.81
April 2023£10.42£10.18£7.49£5.28£5.28

These changes are expected to benefit around two million of the UK’s lowest-paid workers.

Please ensure that you are paying your staff the correct pay rate for their age as there are large penalties for failing to comply with the NMW legislation.

If you are unsure of how these changes affect your workforce and existing employment practices. Please get in touch.

Posted in News, Payroll.