From 1 April, employers must be ready for increases to the National Minimum and Living Wage rates.
Under the upcoming changes, the National Living Wage will increase to £9.50 an hour – an increase of 59p per hour from the current rate of £8.91.
It is estimated that this will mean that the lowest-paid workers in this pay bracket will see their annual income rise by £1,000 per annum.
The other National Minimum Wage will increase as well from April at the following rates:
| 23 and over | 21 to 22 | 18 to 20 | Under 18 | Apprentice | ||
| April 2021 (current rate) | £8.91 | £8.36 | £6.56 | £4.62 | £4.30 | |
| April 2022 | £9.50 | £9.18 | £6.83 | £4.81 | £4.81 | |
More than 200 employers were fined, named and shamed by the Government at the end of last year for failing to meet the National Minimum Wage – don’t become one of them.
To find out how we can help you with your payroll systems and functions, please speak to our team today.
