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UK National Minimum Wage rises in 2024

24 November 2023

Taylor Bracewell

UK National Minimum Wage rises in 2024

The UK Government announced on the 21st of November in their Autumn Statement that the 2024 National Minimum Wage in the UK will increase. This includes the increase of National Living Wage. This is the most substantial increase ever witnessed in the UK, and notably, it has exceeded a £1 increment.

In this article, we explain why the national minimum wage will increase in the UK and we cover what the new rates should be come April 2024.

Why is the Minimum Wage increasing?

The Law Pay Commission make recommendations to the government on the setting of the minimum wage. They objective is to set the NLW wage at two-thirds of median hourly pay. The Law Pay Comission predicted strong pay growth in the UK, hence the recommendation to increase the NLW by a significant amount.

What will the new Minimum Wage be in 2024?

All employees can expect to see an increase in their National Minimum Wage in April 2024 in the UK. Most importantly, the increased amount will depend on your age/ educational position, therefore please refer to the charts below.

Please note: Apprentices under 19 or 19 in the first year get the apprenticeship rate. If aged 19 or over or finished the first year, they receive the Minimum Wage.

National Minimum Wage 2023 (Current Rate):

23 and over21 to 2218 to 20Under 18Apprentice
£10.42£10.18£7.49£5.28£5.28
Figures taken from GOV.UK website

National Minimum Wage 2024 (New Rate):

In April 2023, all employees aged 21 and over will be on National Living Wage. Therefore, the new hourly rates will be:

21 and over18 to 20Under 18Apprentice
£11.44£8.60£6.40£6.40
Figures taken from GOV.UK website

For more information on the new National Minimum Wage, please refer to the GOV.UK website.

How can Taylor Bracewell’s Employment Solicitors help?

Following the autumn statement, employers needs to ensure they update salaries in line with the increases in the minimum wage. We would be happy to advise employers on any issues around the application of the national minimum wage.

If you encounter any employment-related issues arising from these changes, our solicitors are ready to assist. Standing by your side, our employment solicitors ensure that your employer adheres to the law. As well as ensure your rights as a UK employee are protected.

If you encounter an employment concern, do not hesitate to reach out to our team of employment solicitors. We are more than happy to discuss your matter further. You can contact our solicitors at 01302 341 414 for Doncaster or 0114 272 1884 for Sheffield. Alternatively, you can fill out our online enquiry form, and we will promptly get in touch with you.

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