National Minimum Wage Rates 2023
From April 2023 the national living wage (NLW) and national minimum wage rates (NMW) will increase. The new rates will be as follows:
- For those aged 23 & over – NLW rises to £10.42 per hour (Note this used to apply to only those aged 25 and over)
- For 21 and 22-year-olds the rate will be £10.18 per hour
- For those aged 18 – 20 it will be £7.49 per hour
- For those under 18 it will be £5.28 per hour
- The apprentice rate will rise to £5.28 per hour
Other statutory rates from April 2023
The rate for statutory maternity, paternity, adoption, shared parental and parental bereavement pay will increase to £172.48 per week. The rate for statutory sick pay (SSP) will increase to £109.40 per week.
Vento Bands
Those of you familiar with the phrase “Vento” will know that it was an historical case which determined the “bands” for awards for injury to feelings in the Tribunals. They have increased to take into account the RPI as usual, so from the 6th April 2023 the bands will be as follows:-
- A lower band of £1,100 to £11,200 for less serious cases;
- A middle band of £11,200 to £33,700 for cases that do not merit an award in the upper band;
- An upper band of £33,700 to £56,200 for the most serious cases;
- Exceptional cases capable of exceeding £56,200.
Note : There is a slight difference in Scotland whereby paragraph 12 of the Presidential Guidance from September 2017 leaves discretion for Employment Tribunals in Scotland to determine that 10% of any uplift and may not apply in certain circumstances. A technical point but worthy of note for our Scottish clients.
