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Written question asked by Gregory Campbell (Democratic Unionist Party) on Monday, 25 November 2024, in the House of Commons. It was due for an answer on Thursday, 28 November 2024 (named day). It was answered by Justin Madders (Labour) on Thursday, 28 November 2024 on behalf of the Department for Business and Trade.


Living Wage

Question

To ask the Secretary of State for Business and Trade, what estimate has been made of the average annual salary of people in receipt of the National Living Wage in April 2024.

Answer

The current National Living Wage (NLW) is set at £11.44 per hour. This means for a full-time worker on the NLW working 35 hours each week, their gross annual earnings are £20,821. This will increase to £22,222 after the new NLW rate of £12.21 is applied from 1st April 2025.

Each worker's take home salary will vary as this will depend on a range of factors, including total hours worked, taxes and other lawful deductions, and additional benefits.


Secondary information

Type
Written question
Reference
15743
Session
2024-26
Transferred
Yes
Subjects
Pay Living wage
Contains statistics
Yes
Link
View this Written question on www.parliament.uk