2024 Minimum Wage Increase Uk

2024 Minimum Wage Increase Uk. This year’s nlw increase is also set to be the third largest (real terms) annual increase in its. The current target is for the minimum wage to reach 66% of median wages by 2024.

The tuc argues wages should rise for all workers to an average of £20 an hour and that the minimum wage target. In april 2024, the uk is set to witness an increase in the national minimum wage (nmw) by almost 10%, which will present significant challenges for small.