It’s that time of year again! Welcome to the financial year of 2022-23, which began official as of 1st April this year – and with a new financial year comes a change to the National Living Wage and National Minimum Wage rates.
The National Living Wage and the National Minimum wage rates are paid according to your age. Apprentices are paid the “apprentice” wage if they are 19 or under and in the first year of their apprenticeship.
Here are the new rates for this financial year:
|Rate from April 2021||Rate from April 2022|
|National Living Wage||£8.91||£9.50|
|21-22 Year Old Rate||£8.36||£9.18|
|18-20 Year Old Rate||£6.56||£6.83|
|16-17 Year Old Rate||£4.62||£4.81|
If you require any further information, please visit GOV.UK to find out what you’re entitled to.
For more information about our current vacancies, contact Flexistaff on 0844 556 2916 or email@example.com.