Minimum Wage 2024 Uk Increase

Minimum Wage 2024 Uk Increase. This year’s nlw increase is also set to be the third largest (real terms) annual increase in its. The national minimum wage (nmw) is set to increase from 1 april 2025 to between £11.82 to £12.39 an hour to reflect the cost of living under labour's plan to make work pay.


Minimum Wage 2024 Uk Increase

Britain’s minimum wage will increase by 9.8% to 11.44 pounds ($14.26) an hour from april 2024, making it one of the highest as a share of average earnings of any advanced economy. The ‘real’ living wage as recommended by the living wage foundation has increased by 5% to £12.60 an hour.

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