How Much Is Minimum Wage Going Up In 2024. Wages were increased by an average of $0.86 in. The minimum wage is to increase by more than a pound to £11.44 per hour from april next year.
The current target is for the minimum wage to reach 66% of median wages by 2024. The minimum wage is currently $23.23 per hour, after the award minimum increased by 5.75 per cent in july last year.