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’s annual report contains the evidence and analysis which underpin Commissioners’ 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) | £ 11.44 | £ 1.02 | 9.8% |
| 18-20 Year Old Rate | £ 8.60 | £ 1.11 | 14.8% |
| 16-17 Year Old Rate | £ 6.40 | £ 1.12 | 21.2% |
| Apprentice Rate | £ 6.40 | £ 1.12 | 21.2% |
| Accommodation Offset | £ 9.99 | £ 0.89 | 9.8% |
Alongside today’s report, we are also publishing the external research we commissioned to inform the recommendations we made in the autumn.
Published 4 March 2024