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.
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