Government announces pay rise for millions of people

Millions of UK workers are to receive an increase in pay from April 2022 following rise in the National Minimum Wage.

The Government have announced the rise in the National Minimum Wage and National Living Wage from April 2022.

In full, the increases are:

• National Living Wage (23+) to increase from £8.91 to £9.50
• National Minimum Wage (21-22) to increase from £8.36 to £9.18
• National Minimum Wage (18-20) to increase £6.56 to £6.83
• National Minimum Wage (16-17) to increase £4.62 to £4.81
• Apprenticeship Wage to increase from £4.30 to £4.81

What is the difference between the National Minimum Wage and the National Living Wage?

The National Minimum Wage is the minimum hourly pay workers are legally entitled to be paid, regardless of whether they are temporary or permanent staff.  The hourly rate payable is dependent upon the person’s age, starting at school leaving age of 16 with different bands up to the age of 23, or whether they are an apprentice. Those aged 23 and over are now eligible to receive a National Living Wage.

The National Living Wage was introduced by then Chancellor George Osbourne in in 2015, but until last year it was only available to those aged 25 and over. The change in age limit to 23 was announced as part of Chancellor Rishi Sunak’s Autumn Budget plans in 2021.

 

For further information, visit the UK Government website –  UK government announces pay rise for millions of people – GOV.UK (www.gov.uk)