National minimum wage increase – 1st April 2022

National minimum wage increase - 1st April 2022 - Centric HR

The National Living Wage (NLW) will rise to £9.50 from 1 April 2022. This represents an increase of 59 pence or 6.6%.

The Low Pay Commission’s recommendations set the minimum wage back on track to reach the Government’s target of two-thirds of median earnings by 2024. The recommendations were unanimously agreed by Commissioners and accepted in full by the Government.

Alongside the NLW increase, the Commission recommended significant rises in National Minimum Wage (NMW) rates for younger workers.

The 21-22 Year Old Rate will increase to £9.18, narrowing the gap with the NLW and leaving this age group on course to receive the full NLW by 2024.

NMW rates for 18-20 and 16-17 year olds will increase in line with underlying wage growth, protecting earnings for young workers while recognising their higher risk of unemployment.

The minimum wage for apprentices will increase by 51p, bringing it in line with the 16-17 Year Old Rate.

The new National Living Wage and Minimum Wage rates from 1st April 2022

National Living Wage £9.50

21-22 Year Old Rate £9.18

18-20 year Old Rate £6.83

16-17 Year Old Rate £4.81

Apprentice Rate £4.81

Accommodation Offset £8.70

 

For more information on the minimum wage please contact us here.

 

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Sandra Berns

Sandra Berns

Centric HR was founded by Sandra Berns, a confident and versatile Human Resources and Organisational Development Practitioner with 25 years demonstrable experience and a Fellow of the CIPD. Sandra has both Operational and Strategic HR expertise across Public and Private sectors and has assisted senior teams in meeting challenging workforce objectives in many corporate environments.