The Chancellor has announced the 2022 rates for both the National Living Wage and the National Minimum Wage and accepted all the recommendations made by the Low Pay Commission – the independent public body responsible for advising on the rates.
28 Oct 2021, 3 min read
The National Living Wage – the rate applicable to workers aged 23 or over - will increase by 6.6% from £8.91 to £9.50 an hour, while the NMW for workers aged 21 to 22 will increase from £8.36 to £9.18 an hour – a 9.8% increase. Employers want to see a high wage, high skilled economy but increases must be underpinned by productivity gains otherwise they risk being unaffordable.
What’s LPC’s evidence behind their recommendations?
The Low Pay Commission’s assessment of the economy is in p
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