Increase in the Apprenticeship Wage from April 2024
Attention apprentices and employers
The National Apprenticeships wage is set to increase starting April 2024
Check out the updated rates below:
National Living Wage (for those aged 21 and over):
– April 2024: £11.44 per hour
National Minimum Wage (for those at least school leaving age):
– 18 to 20: £8.60 per hour
– Under 18: £6.40 per hour
– Apprentices: £6.40 per hour
Remember, apprentices are entitled to the apprentice rate if they’re either:
– Aged under 19
– Aged 19 or over and in the first year of their apprenticeship
For example, an apprentice aged 21 in the first year of their apprenticeship is entitled to a minimum hourly rate of £6.40.
And don’t forget, apprentices who are aged 19 or over and have completed the first year of their apprenticeship are entitled to the minimum wage for their age.
For example, an apprentice aged 21 who has completed the first year of their apprenticeship is entitled to a minimum hourly rate of £10.18.
Make sure to mark your calendars for 1st April 2024, and adjust your payroll accordingly.