The National Minimum Wage Increase – April 2023
New Rates of National Minimum Wage
A brief reminder of forthcoming increases to the National Minimum Wage and other employment rates
From 1 April 2023, the National Minimum Wage increases as follows:
Rates | 2022 | 2023 |
National Living Wage (age 23+) | £9.50 | £10.42 |
Adult rate (age 21-22) | £9.18 | £10.18 |
Development rate (age 18-20) | £6.83 | £7.49 |
Young workers rate (age 16-17) | £4.81 | £5.28 |
Apprentice rate | £4.81 | £5.28 |
From 2 April 2023, the weekly rate of statutory maternity, paternity and adoption pay will increase to £172.48.
From 6 April 2023, statutory sick pay will increase to £109.40 per week and the cap on one week’s pay for calculating statutory redundancy payments will increase to £643.