GovWire

Research: Minimum wage rates for 2024

Low Pay Commission

November 21
16:31 2023

Details

The Government has announced the rates of the National Living Wage (NLW) and National Minimum Wage (NMW) which will come into force from April 2024. In doing so, it has accepted in full the recommendations of the Low Pay Commission.

The rates which will apply from 1 April 2024 are as follows:

NMW Rate Increase in pence Percentage increase
National Living Wage (21 and over) 11.44 1.02 9.8%
18-20 Year Old Rate 8.60 1.11 14.8%
16-17 Year Old Rate 6.40 1.12 21.2%
Apprentice Rate 6.40 1.12 21.2%
Accommodation Offset 9.99 0.89 9.8%

This page brings together the LPCs recommendations to the Government and a short report setting out the evidence base for those recommendations. The LPCs full annual report, containing the detailed evidence informing Commissioners deliberations, will be published in early 2024.

Published 21 November 2023

Related Articles

Comments

  1. We don't have any comments for this article yet. Why not join in and start a discussion.

Write a Comment

Your name:
Your email:
Comments:

Post my comment

Recent Comments

Follow Us on Twitter

Share This


Enjoyed this? Why not share it with others if you've found it useful by using one of the tools below: