Employers need to make sure that you are taking action now so as to ensure that you are paying your staff correctly from 1st April 2024.

New rates of National Living Wage (NLW) and National Minimum Wage (NMW) come into force from 1 April 2024.

  • National Living Wage (21 and over) = £11.44 per hour

  • 18-20 rate = £8.60 per hour

  • 16-17 rate = £6.40 per hour

  • Apprentice rate = £6.40 per hour

  • Accommodation offset = £9.99 per day

In addition to the above there is a change to the NMW exemptions so that, from 1 April 2024, employees who carry out domestic work while living with their employer will become entitled to the minimum wage.

What do employers need to do?

To minimise the risk of employee grievances, disputes, employment claims, and prosecution by HMRC:

  • Check you know who is eligible in your organisation.

  • Take the appropriate payroll action.

  • Let your staff know about their new pay rate.

  • Check your staff under 21 are earning at least the right rate of National Minimum Wage.

  • Review employee’s contracts of employment and related employment policies and procedures.

  • Obtain support, advice and assistance from your HR and legal advisers; accountants and payroll.

Should you require advice, assistance or support on these HR and employment law matters contact Farleys’ employment law and HR team on 0845 287 0939 or contact us by email through our online contact form.