Late last year, the Treasury announced that it will increase the apprentice minimum wage by a whopping 9.7% in April 2023. However, with the national minimum wage increasing by the same amount, the apprentice minimum wage is still 50% lower, at only £5.28 per hour. For many young people, despite all the long-term career benefits of an apprenticeship, the salary simply doesn’t add up.
This article recognises that people may expect young apprentices live at home with parents who can support them. This assumption – which shouldn’t impact pay in any case – is not correct. Many apprentices live alone, or have had to move for work, or come from families that cannot afford to support their children especially in these times. To support financial well being and during this cost-of-living crisis.
Read more here.