National Minimum Wage
The National Living Wage (NLW) increases annually, each April.
Please see below for the current year NLW and NMW rates effective from 1 April 2023.
Checking your hourly rate complies with NMW
When checking your pay is compliant with NMW, it’s important to understand what can and can’t be included in the calculation.
What is included in NMW calculations?
- Basic wages
- Overtime
- Bonuses
- Commission
What is excluded in NMW calculations?
- Allowances
- Loans
- Pension
- Tips & Rewards
- Statutory absences
- Redundancy
- Expenses
