Millions of the lowest paid workers across the uk will receive a pay increase as the national minimum wage and national living wage rise comes into effect. But with inflation, it’s not enough.
Uk’s new legal minimum wage gets a 9.8 percent rise, the highest boost since 2001. I write with the low pay commission’s (lpc) recommendations for the rates of the national minimum wage (nmw) and national living wage (nlw) to apply from.
See The Table Below That Shows The Current Minimum Wage Rates And New Rates From 1 April 2024:
First, it asked us to raise the nlw to 60 per cent of.
But With Inflation, It’s Not Enough.
Uk’s new legal minimum wage gets a 9.8 percent rise, the highest boost since 2001.
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Since 2016, The Government Has Asked Us To Set The Nlw According To A Target Relative To Median Hourly Pay.
The national living wage, basically the minimum wage for people.
First, It Asked Us To Raise The Nlw To 60 Per Cent Of.
The 2024 nlw is set to be around 30 per cent higher than the adult minimum wage in 2015.