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National Minimum Wage Rates 2024 (UK)

 

National Minimum Wage Rates 2024 (UK)

From 1st April 2024 the national living wage (NLW) and national minimum wage rates (NMW) will all increase, and for the first time the main rate will apply to 21 and 22 year olds – previously it applied to those aged 23 and over. The new rates are now as follows:

  • For those aged 21 & over – NLW rises to £11.44 per hour (Note this used to apply to only those aged 23 and over)
  • For those aged 18-20 – the NMW will be £8.60 (an increase of £1.11)
  • For 16 & 17 and apprentices – £6.40 per hour (an increase of £1.12)

The ‘accommodation offset’ (the maximum amount an employer who pays minimum wage and who provides live-in accommodation to staff is allowed to deduct from daily pay) will increase by 89p  to £9.99 per day.

The accommodation offset, the amount by which the average pay may be lowered below the applicable minimum wage, applies only to accommodation. An offset is not allowed for the cost of utilities, council tax, uniforms, tools or anything else.

HR support for employers

Our HR support services include national minimum wage advice and guidance. All of our retained HR outsource packages contain support hours which can be used for audit purposes, or to help employers develop a salary and benefits strategy for their organisations. Our HR support services covers charities and not-for-profits as well as commercial companies across sectors.

If you’re thinking of outsourcing your HR or employment law needs, why not contact myHRdept? Call us on 01628 820515 to discuss your requirements or contact us and we’ll call you back.

Homepage: www.myhrdept.co.uk

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