Posted: Thursday, 24 November 2022 @ 13:59
Last Thursday (17th November 2022),the UK Government announced a rise in National Minimum and Living wages. The changes, which will come into effect in April 2023, increases the minimum wage rate employers can pay young people per hour.
The changes are based off recommendations from businesses, trade unions and academic representatives, who make up the Low Pay Commission, and have taken into account the rising cost of living and inflation.
The Minimum National Apprentice Wage will increase by 9.7%, in line with changes to the National Living Wage. Meaning that Apprentices who must currently be paid a minimum of £4.81 an hour will move to a minimum rate of £5.28 per hour in April 2023. An increase of £0.47 per hour.
The Minimum National Apprentice Wage is the minimum amount payable to those under 18 or those in the first year of their apprenticeship programme. After the first year of their apprenticeship, the apprentices' wages should move in line with the National Minimum Wage for their age group.
Click on this file to open and read the upcoming changes being made to the minimum wages.
Download our Minimum Wage Factsheet
Below is also a link to the UK Gov website where you can also read more about the changes being made