Minimum Wage 2024 Increase Percentage

Minimum Wage 2024 Increase Percentage. The minimum wage of r25,42 per hour will increase to r27,58 per hour (an increase of approximately 8,5%). The uk government announced that the minimum wage, also known as national living wage, will increase to £11.44 per hour for workers over 21 from april 2024.

It shows their development in nominal terms and. The national living wage, basically the minimum wage for people aged 21 and above, is to increase to £11.44, a rise of £1.02, starting april 2024.