Research and analysis
Low Pay Commission Report 2023
This report sets out the evidence the LPC relied on to recommend the rates of the National Minimum Wage, including the National Living Wage, from April 2024.
Documents
Details
The Low Pay Commission鈥檚 annual report contains the evidence and analysis which underpin Commissioners鈥� recommendations to the Government of minimum wage rates for 2024.
The LPC submitted its recommendations to the Government in October 2023. They were accepted in full and announced in the Autumn Statement. The rates which will come into force from 1 April 2024 are as follows.
| NMW rate from 1 April 2024 | Increase in pence | Percentage increase | |
|---|---|---|---|
| National Living Wage (21 and over) | 拢聽聽 11.44 | 拢聽聽聽聽 1.02 | 9.8% |
| 18-20 Year Old Rate | 拢聽聽聽聽 8.60 | 拢聽聽聽聽 1.11 | 14.8% |
| 16-17 Year Old Rate | 拢聽聽聽聽 6.40 | 拢聽聽聽聽 1.12 | 21.2% |
| Apprentice Rate | 拢聽聽聽聽 6.40 | 拢聽聽聽聽 1.12 | 21.2% |
| Accommodation Offset | 拢聽聽聽聽 9.99 | 拢聽聽聽聽 0.89 | 9.8% |
Alongside today鈥檚 report, we are also publishing the external research we commissioned to inform the recommendations we made in the autumn.
Updates to this page
Published 4 March 2024