The DWP has announced its annual employment law rate increases which will take effect from 1st April 2023 as follows:
- Statutory maternity pay, paternity pay, adoption leave pay, shared parental leave pay and parental bereavement pay £172.48 (from £156.66)
- Statutory Sick Pay (SSP) £109.40 (from £99.35)
- National Minimum Wage (NMW) by age range
- 23 + £10.42 (from £9.50)
- 21-22 £10.18 (from £9.18)
- 18-20 £7.49 (from £6.83)
- 16-17 £5.28 (from £4.81)
- Apprentices £5.82 (from £4.81)
- Accomodation Offset £9.10 (from £8.70)
The rates are adjusted every year and this year sees some significant increases in NMW for older workers in particular pushing the new rates above £10 for the first time.
Written by
Astons Solicitors
15th December 2022