National Minimum Wage Increases for 2024
The Government have announced the national minimum wage (“NMW”) increase for 2024 as recommended by the Low Pay Commission: https://www.gov.uk/government/news/largest-ever-cash-increase-to-the-minimum-wage
It is the largest ever increase in cash terms.
The new rates from 1 April 2024 will be:
| National Living Wage (from April 2024 age 21 and over, previously 23 and over) | £11.44 |
| 18-20 year old rate | £8.60 |
| 16-17 year old rate | £6.40 |
| Apprentice rate | £6.40 |
This means someone working 37.5 hours per week, currently earning the national living wage, will increase their annual pay by £1,989.
If you have any questions or you would like to enquire about our employment law retainer service please contact Ravinder Sandhu: rsandhu@keelys.co.uk