£1,000 Per Year Boost to Wages in April 2022

 

The Chancellor of the Exchequer, Rishi Sunak, announced in his Autumn 2021 budget on Oct 27th 2021 that minimum wage is set to increase by 6.6%, rising from £8.91 to £9.50 per hour from April 1st 2022 for workers aged 23 years and over. The new rates will also see an increase from £8.36 to £9.18 per hour for ages 21 – 22 years and pay for apprentices will increase from £4.30 to £4.81 per hour.

This represents a 59p increase for 23+ yrs, an 82p increase for 21-22 yrs and 51p increase for apprentices.

The new rate equates to an increase of about £1,000 per year for a full time worker.

The Government has set a target to raise in the National Living Wage to £10 per hour by the next election (May 2nd, 2024).

Rishi Sunak is also set to launch a £3billion investment which will aim to retrain thousands of British workers so they can get jobs with better pay.

Prime Minister Boris Johnson’s goal is to move “towards a high wage, high skill, high productivity economy that the people of this country need and deserve”.

 

The new National Minimum Wages rates for April 1st 2022:

Rate from April 2022 Increase
National Living Wage £9.50 6.6%
21-22 Year Old Rate £9.18 9.8%
18-20 Year Old Rate £6.83 4.1%
16-17 Year Old Rate £4.81 4.1%
Apprentice Rate £4.81 11.9%
Accommodation Offset £8.70 4.1%

 

Current National Minimum Wage rates (April 2021)

23 and over 21 to 22 18 to 20 Under 18 Apprentice
£8.91 £8.36 £6.56 £4.62 £4.30

 

In the recent months, with UK job vacancies hitting a record high as a result of staff shortages due to Brexit and Covid, we have seen a huge increase in our clients increasing their wages to attract more candidates to their roles. On average, 54% of our clients pay above the Minimum Wage. However, our Burton branch has a whopping 70% of clients that pay over, and Ripley is close behind at 65%!

As of the 15th March 2022, 302 of our current 381 roles (70%) pay above the current NMW.

Search our current roles that currently pay above National Minimum Wage

South Yorkshire https://bit.ly/3Iz8ho6

Derbyshire https://bit.ly/3GmA1vY

Nottinghamshire https://bit.ly/3Gpma8c

Staffordshire https://bit.ly/2XLd701

Leicestershire https://bit.ly/3BdK7f6

 

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We recruit across the East Midlands & South Yorkshire, with branches located in: Barnsley, Burton, Chesterfield, Long Eaton, Mansfield, Ripley, Rotherham & Worksop (+Doncaster vacancies).

 

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