1 April 2022 National Minimum Wage (NMW) and National Living Wage (NLW) rate increase.
In 2021, there was a significant change in the NLW age threshold which was lowered from 25 to 23 years old. The Government has set out its plan to lower this to 21 years old by 2024.
This year has seen a further 6.6% increase in NLW and a clear message remains that employers must continue to pay at least NMW/NLW to workers, and ensure they uplift the rates at the correct time.
Any questions on NMW compliance please do not hesitate to reach out to www.fairpayhub.co.uk or katy@fairpayhub.co.uk
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