21 November 2023
The government has confirmed it has accepted the Low Pay Commission’s (LPC’s) recommendations in full in relation to the national living wage (NLW) and national minimum wage (NMW) rates for use from the pay period beginning on or after 1 April 2024. The table below shows what the new rates will be:
|
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% |
You can read the LPC’s recommendations in full here.
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