With effect from 1 April 2024, the national minimum wage (NMW) and national living wage (NLW) are as follows:
- the NLW is extended to apply to workers aged 21 and over (down from 23 and over) and increases from £10.42 to £11.44 per hour
- the NMW for 18- to 20-year-olds increases from £7.49 to £8.60 per hour
- the NMW for 16- to 17-year-olds increases from £5.28 to £6.40 per hour; and
- the apprentice rate increases from £5.28 to £6.40 per hour.
Rates for statutory payments
With effect from 7 April 2024, statutory maternity pay (after the first six weeks), statutory adoption pay (after the first six weeks), statutory paternity pay, statutory shared parental pay and statutory parental bereavement pay will be £184.03 per week (increased from £172.48) or 90% of the employee’s average weekly earnings, whichever is lower.
The same increase applies to maternity allowance from 8 April 2024.
With effect from 6 April 2024, statutory sick pay will rise from £109.40 to £116.75 per week.
