National Living Wage +10%
4th April 2024The National Minimum Wage increase from April 2024 will be welcomed by many employees. The rise will take place from 1 April for the next pay reference period post increase.
Perhaps the biggest change of all is the abolition of the 21–22-year-old band. Employees reaching the age of 21 will now enjoy a pay increase from £8.60 per hour to £11.44 on reaching their 21st birthday.
Comparison of National Minimum Wage rates before and after the rise:
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For more information or advice on Payroll, contact your local Whitings office today.
Disclaimer - All information in this post was correct at time of writing.