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National Living Wage
Minimum Wage in UK – National Living Wage (NLW) at 60 per cent of median earnings by October 2020
This Monday, the 1st April, 2 million people working minimum-wage jobs will start the week with a pay rise. The National Living Wage (NLW), the rate that applies to 25+ year olds, will rise by 38p, from £7.83 to £8.21. We project that this will increase the number of people paid at the wage floor … Continue reading
National Living Wage in UK – The biggest year-on-year increase since 2001
“Britain deserves a pay rise,” George Osborne declared last year. And what a pay rise. The British chancellor announced a “National Living Wage,” where those aged 25 and over will see their minimum pay jump from £6.70 ($9.63) to £7.20 ($10.30) an hour. The increase—the biggest year-on-year increase since 2001—comes into force today (April 1).The … Continue reading
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