National Minimum Wage 2024 Uk Per Year. It’s important to note that the national living wage is the highest tier. Get details of how the new rates of national minimum wage (nmw) for 2024 come into effect for pay reference periods starting on or after 1 april.

For the 2024 financial year, minimum wages rose by approximately 10% for most employees, including apprentices. These rates are for the national living wage (for those aged 21 and over) and the national minimum wage (for those of at least school leaving age).