National Living Wage is set to increase, but is it enough?

The National Living Wage (NLW) will rise to £9.50 from 1st April 2022, which represents an increase of £0.59 or 6.6% from the current National Living Wage of £8.91

This increase is based on the Low Pay Commission’s recommendations and puts the minimum wage back on track to reach the Government’s target of two thirds of median earnings by 2024.

Below is a chart showing the current and new rates as of 1st April 2022.

Rate from April 2022 Current rate (April 2021 to March 2022) Increase
National Living Wage £9.50 £8.91 6.6%
21-22 Year Old Rate £9.18 £8.36 9.8%
18-20 Year Old Rate £6.83 £6.56 4.1%
16-17 Year Old Rate £4.81 £4.62 4.1%
Apprentice Rate £4.81 £4.30 11.9%
Accommodation Offset £8.70 £8.36 4.1%