Changes to the National Minimum Wage come into force next month.
The National Minimum Wage is the minimum amount hourly pay workers are legally entitled to be paid for their jobs.
The rate differs depending on your age as people aged over 23 are entitled to the National Living Wage, which is a slightly higher rate.
READ MORE: Money Saving Expert shares energy price cap loophole to beat 'sickening' price hike
The government announced ahead of the last budget in October that the rates will increase from April 1.
Chancellor Rishi Sunak said: “This wage boost ensures we’re making work pay and keeps us on track to meet our target to end low pay by the end of this Parliament.”
The National Living Wage is due to increase by 6.6%, which will mean around two million workers in the UK will get a pay rise.
The minimum hourly rate for over-23s will increase by 59p from £8.91 an hour to £9.50 an hour. The government estimate a full-time worker on the living wage will get a pay rise of more than £1,000 per year.
However, the rates for those on the National Minimum Wage will differ to the Living Wage - and we have rounded up the new rates below:
- £8.36 to £9.18 for 21-22 year olds
- £6.56 to £6.83 for 18-20 year olds
- £4.62 to £4.81 for 16-17 year olds
- £4.30 to £4.81 for apprentices
Receive newsletters with the latest news, sport and what's on updates from the Liverpool ECHO by signing up here
