GovWire

Research: The National Minimum Wage Beyond 2024

Low Pay Commission

March 27
13:51 2024

The National Minimum Wage Beyond 2024

Data tables for The National Minimum Wage Beyond 2024

Request an accessible format.
If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email lpc@lowpay.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Details

In April 2024, the National Living Wage will increase to 11.44. We expect this to mean the highest rate of the minimum wage reaches two-thirds of median earnings, achieving a target first set by the Government in 2020.

In March 2023, the Government asked the Low Pay Commission to prepare advice to inform future decisions over minimum wage policy, beyond the two-thirds target. The report published here sets out the LPCs advice on that question. It was submitted to the Government in December 2023. It has been published alongside our remit for 2024.

The rates of the National Minimum Wage , including the National Living Wage, which will apply from April 2024 are set out below.

NMW rate from 1 April 2024 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%
Published 27 March 2024

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: