National Living Wage Set To Rise on 1st April 2021
Updated: Mar 18
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 (age 23+) £8.91 per hour
NMW (age 21-22) £8.36 per hour
NMW (age18-20) £6.56 per hour
NMW (age16-17) £4.62 per hour
NMW apprentice rate £4.30 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 2021
Other important rises include:
Statutory sick pay, which will rise to £96.35 per week;
Statutory maternity, paternity, adoption, parental bereavement, and shared parental payments will rise to £151.97 per week.
If this is written into your policies then don’t forget to amend them ready for the 4th April.