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  2. The minimum wage in the UK is also known as the National Living Wage or the National Minimum Wage, depending on the age of the worker12. The minimum wage rates effective from 1 April 2022 are1:
    • £9.50 for workers aged 23 and over
    • £9.18 for workers aged 21-22
    • £6.83 for workers aged 18-20
    • £4.81 for workers aged 16-17
    • £4.81 for apprentices
    • £8.70 for the accommodation offset
    Learn more:
    National Minimum Wage rates effective from 1 April 2022 National Living Wage £9.50 21-22 Year Old Rate £9.18 18-20 Year Old Rate £6.83 16-17 Year Old Rate Apprentice Rate Accommodation Offset £8.70
    assets.publishing.service.gov.uk/government/uploa…
    The National Living Wage will rise 2.2% to £8.91, the equivalent of more than £345 a year for a full-time employee. It will also be given to 23 and 24-year-olds for the first time, not just those aged 25 and over.
    www.bbc.co.uk/news/business-56594985
     
  3. People also ask
    What is the minimum wage in 2022?In 2022, while the federal minimum wage will remain at $7.25 per hour for non-tipped employees and $2.13 per hour for tipped employees, several states’ minimum wage rates will increase.
    Will the minimum wage increase in 2023?This past July, the Department of Finance found that the inflation rate had increased by 7.9%, which required an increase in the minimum wage by 3.5%, resulting in the $15.50 per hour rate for 2023.
    What is the minimum wage per hour?Basic Minimum Rate (per hour): $5.15 Employers subject to the Fair Labor Standards Act must pay the current Federal minimum wage of $7.25 per hour. Some states set subminimum rates for minors and/or students or exempt them from coverage or have a training wage for new hires.
    What is the minimum wage in 2024?The listed minimum wage is the level for large employers (more than 500 employees). Employers with at least 15 employees and less than 500 employees must pay a minimum of $18.29 in 2024. Employers with fewer than 15 employees and earning less than $2 million in annual revenue are subject to the state minimum wage.
     
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