The National Living Wage (NLW) increased by 6.6% to £9.50 today (1 April).
There was also a real-terms pay increase for 21-22-year-olds who will see their pay increase by 9.8% to £9.18 per hour.
The increases follow recommendations made to the government by the Low Pay Commission (LPC).
Bryan Sanderson, Chair of the Low Pay Commission, said: “Minimum wage workers across the United Kingdom continue to play a vital role in ensuring a strong post-pandemic economic recovery. In previous years the LPC has sought to keep increases to the minimum wage above inflation. However, inflation is now expected to be higher than the forecasts we had when we made our recommendations last October.
“Workers on the minimum wage; care for our elderly and sick, harvest and deliver our food, and do a multitude of other tasks which help us all. Many public sector workers including for example teaching assistants will also shortly be included. They all deserve to be properly remunerated and respected as key members of our society.”
The LPC will make its recommendations to Government on the 2023 National Minimum Wage rates in October.