As of 1 April 2024, the National Minimum Wage and National Living Wage rates were raised. Additionally, starting as of 1 April 2024, the National Living Wage was broadened to encompass workers aged 21 and above, previously limited to those aged 23 and older.
Individuals aged 21 and over must now receive a minimum of £11.44 per hour (formerly £10.42 per hour).
The hourly wage varies based on the employee’s age and whether they are in an apprenticeship.
Minimum age requirements:
- School leaving age for eligibility for the National Minimum Wage.
- Aged 21 and above to qualify for the National Living Wage, while the minimum wage still applies to workers aged 20 and under.
Current Rates:
These rates apply to the National Living Wage (for individuals aged 21 and over) and the National Minimum Wage (for those meeting at least the school leaving age). Rates are revised annually on 1 April.
21 and over | 18 to 20 | Under 18 | Apprentice | |
April 2024 | £11.44 | £8.60 | £6.40 | £6.40 |
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
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
CB Reid offer outsourced compliance services including payroll. Outsourcing can be particularly effective if you are looking to reduce financial admin and increase focus on your business. Please contact a member of the CB Reid team to discuss this aspect further.