The National Minimum Wage Increase – April 2023

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:

Rates20222023
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.

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