National Minimum Wage, National Living Wage, SSP, SMP etc. rates 2023/2024
The Department for Work and Pensions has published its annual rate increases for 2023/2024.
The annual increase to the National Minimum Wage and National Living Wage are as follows:-
- 23+ – £10.42 (previously £9.50)
- 21-22 – £10.18 (previously £9.18)
- 18-20 – £7.49 (previously £6.83)
- 16-17 – £5.28 (previously £4.81)
- apprentices – £5.28 (previously £4.81)
The accommodation offset will be £9.10 per day (previously £8.70).
The rate for Statutory Maternity Pay (SMP), Statutory Paternity Pay (SPP), adoption pay (SAP), shared parental (ShPP) and parental bereavement (SPBP) pay will increase to £172.48 per week (previously £156.66). The rate for Statutory Sick Pay (SSP) will increase to £109.40 per week (previously £99.35).
These changes will take effect in April 2023.