The Minimum Wage Increase 2023/24

Annual changes to rates of pay

Each year the Government set the National Living Wage and National Minimum Wage. This typically comes into effect on the 1st April annually and is based on the age of an individual and whether you are an Apprentice or not.

We have detailed the current rates of pay applicable to 31st March 2023 from the?https://www.gov.uk/?website, correct as of 18th January?2023.

Apprentices

It is important to note that Apprentices are entitled to the apprentice rate if they are either:

• Aged under 19
• Aged 19 or over and in the first year of their apprenticeship
• The apprenticeship rate does not apply to Higher Level Apprenticeships.

Find out the difference between the National Minimum Wage and National Living wage as well as recommendations on the NORI HR and Employment Law website.