Minimum Wage 2024 Uk 18

Minimum Wage 2024 Uk 18. The highest minimum wage, called the national living wage, applies to any worker aged 23 and over, and is set at £10.42 for the current financial year (april 2023 to march 2024). We have looked at the nmw’s impacts, alternative models for minimum wages, and the role of lower rates for young people and apprentices.

What are the new minimum wage rates for 2024? These rates are for the national living wage (for those aged 21 and over) and the national minimum wage (for those of at least school leaving age).