The National Minimum Wage and National Living Wage are due to increase in April 2023 as a result of recommendations made by the Low Pay Commission – an independent body made up of employers, trade unions and other experts. Statutory sick pay, maternity, adoption, paternity and shared parental pay rates are also due to increase in April 2023.
What is the new National Minimum Wage (NMW) and National Living Wage (NLW)?
The NMW applies to those between school leaving age and 22 years, and the NLW applies to those aged 23 or above. The new statutory rates for 2023 will come into effect from 1 April 2023, and are as follows:
|Rate from April 2023||Increase from 2022 (£)||Increase from 2022 (per cent)|
|Ages 23 and over (NLW)||£10.42||0.92||9.7|
*There are different rates of pay for apprentices depending on the individual’s age and what year of their apprenticeship they’re in. The rate mentioned in the above table applies to apprentices that are either aged under 19, or aged 19 or over and in their first year of their apprenticeship.