Apprenticeship salary calculator
Enter your hourly rate and hours to see your weekly, monthly, and annual pay — and how it compares to the National Minimum Wage and the university route.
Degree Apprenticeships — technology, law, finance, engineering
NMW for apprentices: £6.40/hr
Typical: 37.5 hrs/wk
Your estimated salary
Weekly
£600
before tax
Monthly
£2,600
before tax
Annual
£31,200
before tax
£18,720 above the apprentice NMW of £6.40/hr (= £12,480/yr at 37.5 hrs/wk).
3-year financial comparison vs university
Estimates only. Excludes living costs, maintenance loans, and post-graduation salary uplift. University figures based on English tuition fees.
Frequently asked questions
What is the minimum wage for apprentices in the UK in 2024?▾
The National Minimum Wage for apprentices is £6.40 per hour in 2024–25. This applies to apprentices who are under 19, or are in the first year of their apprenticeship regardless of age. After the first year, apprentices aged 19+ are entitled to the NMW for their age group (£11.44/hr for 21+).
How much do degree apprentices earn?▾
Degree apprentices (Level 6) typically earn between £18,000 and £35,000 per year. Major employers like PwC, Deloitte, BT, and Rolls-Royce pay £20,000–£30,000. London roles usually carry an additional weighting of £3,000–£5,000 per year.
Do apprentices pay income tax?▾
Yes. Apprentice pay is subject to Income Tax and National Insurance like any employed worker. The Personal Allowance is £12,570 (2024–25), so you pay no income tax on your first £12,570 of earnings. Most apprentice salaries are below this, meaning many apprentices pay little or no income tax.
Can I negotiate my apprenticeship salary?▾
Many large employers run cohort programmes with fixed salary bands — particularly for degree apprenticeships at firms like PwC, KPMG, or Accenture. Smaller employers may have more flexibility. It is worth asking about salary progression within the programme even if the starting rate is fixed.
