Key Points
- The United Kingdom will increase the country’s National Living Wage on April 1, 2023
Overview
The government of the United Kingdom will raise the country’s National Living Wage (NLW) to £10.42 on April 1, 2023. The government will also increase the minimum wage rates for young workers between the age of 16 and 22.
What are the Changes?
The government of the UK will increase the country’s NLW by 9.7 %. According to the government announcement, the NLW is on track to reach the government’s target of two-thirds of current median earnings by 2024.
Looking Ahead
Continue to check the government of the UK’s website for the latest updates and information.
Written by: Jessie Butchley, Global Immigration Writer, Envoy Global
Source: Government of the United Kingdom