Early years organisations warn that the National Living Wage increase will have a ‘huge impact’ on settings budgets, and ‘is not going to be painless for employers to implement’.
The Government has announced National Minimum Wage rates for April 2024, including the National Living Wage.
The national living wage will increase from £10.42 to £11.44, and extend to 21- and 22-year-olds, in April 2024.
However, the move has prompted concerns from early years organisations.