National Minimum Wage 2024 Annual Salary

National Minimum Wage 2024 Annual Salary. This is the base rate for adult employees in the national system who are award/agreement free. From 1 july 2024 the national minimum wage is $24.10 per hour or $915.90 per 38 hour week (before tax).

Rules are defined to revise and fix minimum wages, and the components of minimum wages include a basic rate of wages and a cost of living allowance. Annual hours x £11.44 = minimum annual salary.