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วันพุธที่ 28 กุมภาพันธ์ พ.ศ. 2567

Minimum Wage in the UK in 2024

 Minimum Wage in the UK in 2024

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EMBARGOED TO WEDNESDAY 0001 JANUARY 11 File photo dated 26/01/18 of a UK five pound, ten pound, twenty pound and fifty pound notes with one pound coins, as taxpayers claiming rebates via third parties will have stronger protections under a shake-up to the way repayment agents can operate. PA Photo. Issue date: Wednesday January 11, 2023. Businesses specialising in helping people and firms make claims for tax refunds often advertise on social media and tend to operate on a commission-based fee structure, HM Revenue and Customs (HMRC) said. See PA story MONEY Repayments. Photo credit should read: Dominic Lipinski/PA Wire

 (Photo: Dominic Lipinski/PA)

From 1 April 2024, workers aged 21 and over will be entitled to the National Living Wage.


21 and over18 to 20Under 18Apprentice
April 2024£11.44£8.60 £6.40 £6.40 


Apprentices

Apprentices are entitled to the apprentice rate if they’re either:

  • aged under 19
  • aged 19 or over and in the first year of their apprenticeship

Example

An apprentice aged 21 in the first year of their apprenticeship is entitled to a minimum hourly rate of £5.28.

Apprentices are entitled to the minimum wage for their age if they both:

  • are aged 19 or over
  • have completed the first year of their apprenticeship

Example

An apprentice aged 21 who has completed the first year of their apprenticeship is entitled to a minimum hourly rate of £10.18.

What is the Minimum Wage in the UK in 2023?

The UK minimum wage in 2023 will see further increases. Beginning on 1 April, 2023, the National Living Wage will stand at an hourly rate of £10.42, the rate for 21-22 year olds will be £10.18, for 18-20 year olds £7.49 and for 16-17 year olds it will be £5.28.

You can find the changes, alongside their percentage increases, below:

Rate

Previous Rate

April 2023 Rate

Increase

National Living Wage

£9.50

£10.42

9.7%

21-22 Year Old Rate

£9.18

£10.18

10.8%

18-20 Year Old Rate

£6.83

£7.49

9.6%

16-17 Year Old Rate

£4.81

£5.28

9.7%



By how much is the National Minimum Wage rising?

 

Wage BandCurrent RateNew rate (from 1 April 2023)
Age 23 or over (National Living Wage)£9.50£10.42
Age 21 to 22£9.18£10.18
Age 18 to 20£6.83£7.49
Under 18 £4.81£5.28 
Apprentice£4.81£5.28






What Was the New Minimum Wage for 2023?

The minimum wage for UK workers in 2023 increased by approximately 9.7%10.8%9.6% and 9.7% depending on age. This is based primarily on advice from the Low Pay Commission (LPC), and is designed to help workers and families continuing to fight continued issues caused by cost of living crisis.


UK Wage Rates Compared

National Minimum Wage

National Living Wage

Real Living Wage

Statutory

Statutory

Voluntary

£10.18

£10.42

£10.92

21 and older

23 and older

19 and older


Minimum Wage in the UK in 2023


23 and over21 to 2218 to 20Under 18Apprentice
April 2022 (current rate)£9.50£9.18£6.83£4.81£4.81
April 2023£10.42£10.18£7.49£5.28£5.28


What was the Minimum Wage in the UK in 2022?

The UK minimum wage in 2022 saw increases across the board across each relevant age range. That included wages for 16-17-year-olds (£4.81 with a 4.1% increase), 18-20-year-olds (£6.83 with a 4.1% increase) and 21-22-year-olds (£9.18 with a 9.8% increase).

Rate

Previous Rate

April 2022 Rate

Increase

National Living Wage

£9.50

£9.50

6.6%

21-22 Year Old Rate

£8.36

£9.18

9.8%

18-20 Year Old Rate

£6.56

£6.83

4.1%

16-17 Year Old Rate

£4.62

£4.81

4.1%

Rates from 1 April 2021

23 and over21 to 2218 to 20Under 18Apprentice
April 2021 to March 2022£8.91£8.36£6.56£4.62£4.30


Rates before 1 April 2021

Before 1 April 2021 the National Living Wage was for those aged 25 and over.



25 and over21 to 2418 to 20Under 18Apprentice
April 2020 to March 2021£8.72£8.20£6.45£4.55£4.15
April 2019 to March 2020£8.21£7.70£6.15£4.35£3.90
April 2018 to March 2019£7.83£7.38£5.90£4.20£3.70
April 2017 to March 2018£7.50£7.05£5.60£4.05£3.50
October 2016 to March 2017£7.20£6.95£5.55£4.00£3.40
April 2016 to September 2016£7.20£6.70£5.30£3.87£3.30





Minimum Wage in the UK in 2024

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Minimum Wage UK 

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CR  ::   https://www.gov.uk/national-minimum-wage-rates 




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