Salary Increase 2024 Update Today Uk. The percentage rise gradually tapers down from 5.7% to 2.5% at spine point 38 onwards. The treasury confirmed that the national living wage would increase from £10.42 to £11.44 an hour in april 2024 and that it would also apply to those aged 21 or 22.

The treasury confirmed that the national living wage would increase from £10.42 to £11.44 an hour in april 2024 and that it would also apply to those aged 21 or 22. Uk employers are budgeting an average increase of 4.4% in 2024, down from the average increase of 5.1% in 2023.