The National Minimum Wage (NMW) and National Living Wage (NLW) will rise significantly from 1 April 2025, reflecting changes in the economy. As an employer, staying informed and ensuring compliance with these new rates is essential. Here’s what it’s going up to:
National Living Wage (ages 21 and over):
A £0.77 (6.7%) increase, rising from £11.44 to £12.21 per hour.
National Minimum Wage (ages 18-20):
A £1.40 (16.3%) increase, rising from £8.60 to £10.00 per hour.
National Minimum Wage (ages 16-17 and apprentices):
A £1.15 (18%) increase, rising from £6.40 to £7.55 per hour.
How we can help…
Adjusting wages isn’t just about updating payroll. It’s also an opportunity to review contracts, policies and documentation to ensure that everything aligns with the new requirements. Our team can support you with:
- Reviewing and adjusting salaries.
- Updating employment contracts.
- Ensuring all documentation reflects the changes.
If you need guidance or support in navigating these updates, get in touch with us today. Let us help you to ensure that your business is compliant and your team is supported.
