National Living Wage and National Minimum Wage
You are probably aware that the NLW and NMW increase each year. The Chancellor has announced that from April 2022 the National Living wage will increase by 6.6% to £9.50 per hour (currently it is £8.91).
The National Minimum Wage for people aged 21-22 will rise from £8.36 to £9.18 an hour and the Apprentice Rate increases from £4.30 to £4.81 an hour.
The Government website has a series of calculators so that you can make sure that you are being paid the correct amount and these can be found by clicking here
A full table of the rates are available by clicking here
This is one of the largest jumps in set minimums with 6.6% for those over 23yrs old, 9.8% for 21 and 22yr olds and almost 12% for apprentices, who see an increase from the current rate of £4.30 to £4.81.
All employers must pay the NLW, as a minimum, to any employee who is 23 or over and NMW for anyone below this. There have been quite a lot of prosecutions for businesses that are not paying properly and also naming and shaming on a website, so if you feel that you are not being paid correctly you should contact the experts at Alpha Law to see if we can help you get what you are entitled to.
Alpha Law is a division of Premier Legal LLP and can be contacted at the Nottingham Head Office by calling 0115 856 1625. Premier Legal LLP cover the entire country from offices in the Midlands and London.