From 1 April 2023, the National Living Wage (NLW) and the National Minimum Wage (NMW) rates will increase. All workers, except those who are genuinely self-employed, are entitled to receive the NLW or the NMW, as appropriate to their age or circumstances. It is important therefore to ensure that the wages you pay your employees are updated in line with this year’s increases.
The NLW applies to workers of 23 years and above. From 1 April 2023, the new rate is £10.42 per hour, an increase of nearly 10% from 2022.
The NMW has different rates depending on the age or category of your workers:
- 21 – 22 years – £10.18 per hour (increase from £9.18 in 2022)
- 18 – 20 years – £7.49 per hour (increase from £6.83 in 2022)
- 16-17 years – £5.28 per hour (increase from £4.81 in 2022)
- apprentice rate – £5.28 per hour (increase from £4.81 in 2022)
- accommodation offset – £9.10 per hour (increase from £8.70 in 2022)
Further information can be found on the government website.
This information has been provided by solicitors working for Edward Connor Solicitors. It is designed for the purpose of knowledge sharing only and does not constitute legal advice.