Every year, the National Living Wage (NLW) and National Minimum Wage (NMW) are set to rise from the 1st April. The new rates will be:
NLW £9.50 per hour
Age 21-22 £9.18 per hour
Age18-20 £6.83 per hour
Age16-17 £4.81 per hour
Apprentice rate £4.81 per hour
If you pay any employees the NLW or NMW, or close to it, it’s a good idea to check their current pay now to see what adjustments you need to make ready for April.
Other Important Rises From 4th April 2022
Other important rises include:
Statutory maternity, paternity, adoption, parental bereavement, and shared parental payments will rise to £156.66 per week.
Statutory sick pay, which will rise to £99.35 per week from 6th April;
If this is written into your policies then don’t forget to amend them ready for April.