Research and analysis

The National Minimum Wage (Amendment) Regulations 2023: RPC Opinion (Green-rated)

Regulatory Policy Committee opinion on BEIS' National Minimum Wage (Amendment) Regulations 2023 IA

• From: Regulatory Policy Committee
• Published: 1 February 2023

Documents

RPC Opinion: National Minimum Wage (Amendment) Regulations 2023

PDF, 112 KB, 8 pages

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Details

This opinion covers the impact assessment for The National Minimum Wage (Amendment) Regulations 2023, laid in draft before Parliament on 30 January. The proposals set minimum hourly wage levels, protecting low-paid workers while providing incentives to work. The Low Pay Commission (LPC) reviews these rates, and makes recommendations to government, annually.

The proposals would increase the National Living Wage (applying to those aged 23 years and older) and the four National Minimum Wage rates;  the main (21-22 years), development (18-20 years), youth (16-17 years) and apprentice.  All proposed increases are in line with the LPC’s recommendations.

Published 1 February 2023