THE National Minimum Wage is the lowest legal pay rate for UK workers – but your rate depends on how old you are.
Here are the rates for 2022 – and how much you’ll gain when the minimum wage rises in April.The National Minimum Wage usually rises in April each year[/caption]
Companies are even named and shamed if they don’t pay the basic amount required by the law.
The minimum wage in the UK last increased in April 2021, giving a pay rise to more than two million workers.
And the minimum wage will rise again in April 2022.
But what is it? We explain all you need to know.
What is the National Minimum Wage?
In 2015, the National Minimum Wage was rebranded as the National Living Wage.
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Both are different from the Real Living Wage – a voluntary minimum that some employers commit to paying, which is currently £9.90 or £11.05 in London.
The first National Minimum Wage was set in 1998 by the Labour government.
Before that no official rate existed, although trade unions battled hard to fight their members’ corner.
The exact amount under-23s get under the National Minimum Wage depends on their age.
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