From today (April 1) despite the COVID-19 crisis, new living wage and minimum wage rates come into effect.
The National Living Wage (for over 25-year-olds) will increase 6.2% from £8.21 to £8.72.
The National Minimum Wage will rise across all age groups, including:
- A 6.5% increase from £7.70 to £8.20 for 21-24-year-olds
- A 4.9% increase from £6.15 to £6.45 for 18-20-year-olds
- A 4.6% increase from £4.35 to £4.55 for Under-18s
- A 6.4% increase from £3.90 to £4.15 for Apprentices
The rises were first announced back in December 31, last year.
According to estimates from the independent Low Pay Commission, nearly three million workers are set to benefit from the rise to the NLW and minimum wage rates for younger workers.