From 5 April 2022, the government will be boosting both the National Minimum Wage (NMW) and the National Living Wage (NLW). The NLW rate will be increasing by 6.6%, from £8.91 to £9.50, while the NMW rates will soon be as follows (broken down by age):
21-22 Year Olds: £9.18
18-20 Year Olds: £6.83
16-17 Year Olds: £4.81
Apprentices: £4.81
If you’re worried what this might mean for your wage bill, contact Little Rock Employment Law today for advice on adjusting staff salaries in a way that’s affordable and sustainable for your business.