In addition, those aged 21 and over will now be entitled to the National Living Wage. Previously, only those aged 23 and over were entitled to the National Living Wage.
The greatest minimum wage increase has been afforded to 16-17 Year Olds and Apprentices with each experiencing an increase of 21.2% resulting in a new entitlement of £6.40 per hour.
As of 1st April 2024, all employers must be diligent to ensure that they update payroll to account for the National Minimum Wage increases.
The following rates apply as of 1st April 2024:
- National Living Wage (21 and Over) : £11.44 hourly
- 18-20 Year Old Rate : £8.60 hourly
- 16-17 Year Old Rate : £6.40 hourly
- Apprentice Rate : £6.40 hour
A further change coming into effect in April will be that the Accommodation Offset will increase to £9.99 daily.
Should you require any further information or advice, please contact any member of the Employment Law Unit:-
adrienne.brock@edglegal.com julieanne.clarke@edglegal.com
Tel: 028 9024 5034
Copyright 2024 Elliott Duffy Garrett
Every care has been taken in the preparation of this bulletin; readers are advised however to seek legal advice in relation to specific issues.