Struggling with rising wage bills? Embrace apprenticeships today and start saving your business £12,000 per employee per year and combat the latest National Minimum Wage (NMW) and National Insurance Contribution (NIC) increases.
What are the new NMW and NIC changes?
As of April 2025, major changes to both NMW and NIC have been introduced:
- National Minimum Wage (NMW) Increases:
- Ages 21 and over: £12.21/hour (up 6.7% from £11.44)
- Ages 18–20: £10.00/hour (up 16.3% from £8.60)
- Employer National Insurance Contribution (NIC):
- Increased from 13.8% to 15%
What do the new NMW and NIC mean for your business?
These changes put pressure on your profit margins, hinder your ability to scale and increase your hiring expenses. However, apprenticeships can help you significantly offset these increases.
See below for a cost comparison between an apprentice and a full-time employee under the new rates…
Start saving your business thousands!
Get in touch with us today about adding an apprentice to your team and start saving over 50% on new hires!
