Minimum Wage 2024 Uk Increase Per Year
Minimum Wage 2024 Uk Increase Per Year. At the same time, the age at which young workers become eligible for the. The united kingdom will increase its minimum wage by 9.8% to 11.44 pounds ($14.26) an hour in april 2024, making it one of the highest as a share of average hourly earnings of any advanced economy, reuters reports.
Approximately two million workers aged 23 and over and above are receiving the minimum wage, valued at £10.42 per hour. This hike, the largest to date, is the first time the minimum wage.