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National Living Wage Rate Increase Now in Effect

National Living Wage Rate Increase Now in Effect

The National Living Wage and National Minimum Wage rate increases have now come into effect as of 1st April.

The new rates are as follows:

  • The National Living Wage for ages 23 and above – increased by 9.7% to £10.42
  • The National Minimum Wage for 21-22 year olds – increased by 10.9% to £10.18
  • For 18-20 year olds – increased by 9.7% to £7.49
  • For under 18s – increased by 9.7% to £4.81
  • For apprentices – increased by 9.7% to £5.28

The National Living Wage has increased by 9.7% from £9.50 per hour to £10.42, in line with the Government’s target to reach two-thirds of median earnings by 2024.

ACS has launched its 2023 National Living Wage survey to seek views on the impact of the current and future wage rates. The findings of the survey will inform ACS’ employment policy work over the coming year, including ACS’ submission to the Low Pay Commission.

ACS chief executive James Lowman said: “I would urge all convenience retailers to take part in this survey so that we can provide the Low Pay Commission with an accurate representation of the real-life impact that wage rate increases have on local shops.”

All responses will be kept anonymous and confidential. The survey is available here: https://www.surveymonkey.co.uk/r/ACSNLW23

This entry was posted by Chloe on Mon, 03/04/2023 - 16:43
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