As from 1 April 2023 the new rates are as follows:

  • Over 23 year old – £10.42
  • 21 – 22 year old – £10.18
  • 18 – 20 year old – £7.49
  • Under 18 – £5.28
  • Apprentice rate* – £5.28

 

  • Employer Pension Contribution – 3%
  • Employee Pension Contribution – 5%

 

*Apprentices are entitled to the minimum wage for their age if they are aged 19 or over and have completed the first year of their apprenticeship

Please contact one of the robinson+co payroll specialists on 01900 603623 if you have any more questions regarding NMW and the increase in pension contributions.