News

National Minimum Wage / National Living Wage Update

Employers should be aware that from 1 April 2024, workers aged 21 and over will be entitled to the National Living Wage, and that from the same date, new rates will be in force. 

It is thought that 2.7 million workers will benefit from the new rates, which businesses will need to ensure are budgeted for ahead of the increase. The National Living Wage currently only applies to those aged 23 and over, and although no doubt welcome to employees, may represent a substantially increased wage bill for employers.

The rise from £10.42 to £11.44 an hour will be the biggest cash increase in the National Living Wage in more than a decade.

The other National Minimum Wage rates will also increase from 1 April 2024.

U18 / Apprentices - rises from £5.28 to £6.40

18 - 20 - rises from £7.49 to £8.60  21 - 22 - currently £10.18, rate is abolished and will be included in the new 21+ NLW category at £11.44 (a 12.4% increase)

Posted on 12/07/2023 by Ortolan

Get in Touch

If you would like to know more about Ortolan Legal and how we can help you reduce your ongoing recruitment costs, get in touch!

Email us now

   Or call 020 3743 0600

Ortolan Legal have supported us with some very tricky tribunal issues. They are very commercially focussed and truly understand our business. They give really commercial, practical advice which supports our business.

Sharon Eley, Shared Services Director, National Car Parks Limited
See All
Receive news & updates from Ortolan Legal

Meet the Team

  • Nick Benson Nick Benson I qualified as a commercial and corporate solicitor…
  • Liz Delgado Liz Delgado I qualified as a solicitor in 1995 after studying…
  • Carrie Beaumont Carrie Beaumont I qualified as an Employment specialist in 2008. I…