National Living Wage & National Minimum Wage Increase
The Autumn Statement disclosed that come 1 April 2024, the national living wage and national minimum wage would increase.
What is the difference between the National Living Wage (NLW) and the National Minimum Wage (NMW)?
National Living Wage (NLW) if you're aged 23 or over
National Minimum Wage (NMW) if you're aged under 23 or an apprentice
The Current Rates (to 31 March 2024) The New Rates (from 1 April 2024)
Who gets the apprentice rate?
You're eligible for the apprentice rate if you're:
Under 19
19 or older, but within the first year of your ongoing apprenticeship agreement
If you're 19 or older and have finished the initial year of your current apprenticeship, you're eligible for at least the minimum wage appropriate for your age.