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National Minimum Wage: understanding the April 2024 amendments

In November 2023, the Government announced a minimum wage increase aimed at helping to protect workers’ living standards amidst the current economic climate and cost of living crisis. These changes will apply from 1 April 2024, marking the largest increase to date.



National Minimum Wage

Increase Percentage increase
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%

*£22,308 per year

To prepare for the amendments: 

  • Carry out a full review of salaries before 1 April 2024
  • Where necessary, implement increases (and don’t forget to increase wages if a member of staff moves into another age bracket throughout the year)
  • Communicate the changes to staff
  • Strategically plan your budget to ensure the increases can be accommodated

Benefits of fair and competitive wages:

  • Employee satisfaction and loyalty
  • Talent attraction and retention
  • Increased productivity
  • Decreased absence
  • Social equity
  • Enhanced reputation as a fair employer

Remember, any employer not paying the minimum wage can be fined, so ensure you are compliant before 1 April 2024.