Statutory rate increases for 2023/24

The rate for statutory maternity, paternity, adoption, shared parental, and parental bereavement pay will increase to £172.48 per week (previously £156.66).

The rate for statutory sick pay will increase to £109.40 per week (previously £99.35).

The National Minimum Wage and Living Wage will increase as follows:

• 23+ – £10.42 (previously £9.50)
• 21-22 – £10.18 (previously £9.18)
• 18-20 – £7.49 (previously £6.83)
• 16-17 – £5.28 (previously £4.81)
• apprentices – £5.28 (previously £4.81)

The rate changes will occur in April 2023.