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The National Living Wage is an obligatory minimum wage payable to workers in the United Kingdom aged 21 [a] and over which came into effect on 1 April 2016. As of April 2024 it is £11.44 per hour. [1] It was implemented at a significantly higher rate than the national minimum wage rate for workers under 25, and was expected (in 2015) to rise ...
Revised text of statute as amended. The National Minimum Wage Act 1998 (c. 39) creates a minimum wage across the United Kingdom. [2] From 1 April 2024, the minimum wage is £11.44 for people aged 21 and over, £8.60 for 18- to 20-year-olds, and £6.40 for 16- to 17-year-olds and apprentices. [3] (. See Current and past rates.)
A living wage is defined as the minimum income necessary for a worker to meet their basic needs. [3] This is not the same as a subsistence wage, which refers to a biological minimum, or a solidarity wage, which refers to a minimum wage tracking labor productivity. Needs are defined to include food, housing, and other essential needs such as ...
None; US$2.65 per hour for employment with the national government; all states have a minimum hourly wage for government workers: US$2.00 in Pohnpei, US$1.25 in Chuuk, US$1.42 in Kosrae, and US$1.60 in Yap; US$1.75 for private sector workers in Pohnpei.
Minimum wage rates vary greatly across many different jurisdictions, not only in setting a particular amount of money—for example $7.25 per hour ($14,500 per year) under certain US state laws (or $2.13 for employees who receive tips, which is known as the tipped minimum wage), $16.28 per hour in the U.S. state of Washington, [29] or £8.91 ...
If you’re working as a specialty doctor you’ll earn a basic salary of £52,530 to £82,400. If you are a specialist grade doctor you'll earn a basic salary of £83,945 to £92,275. Consultants As a consultant from 1 April 2023, you'll earn a basic salary of £93,666 to £126,281 per year, depending on the length of your service.
In 2004, 15% of the working population received the minimum wage. In July 2006, the minimum wage in France was set at €8.27 per hour. In July 2008 it was set at €8.71 per hour. [38] An increase of 1.3% on 1 July 2009 brought the hourly rate to €8.82. In 2010, the minimum wage was increased by 0.5% to €8.86 per hour. [39]
The first regular salary was £400 per year, introduced in 1911. For comparison, average annual earnings were £70 in 1908. [6] Salaries were reduced 10% in the 1930s, during the Great Depression. [1] Some subsequent salary levels were £1,000 in 1946, £3,250 in 1964, £11,750 in 1980, and £26,701 in 1990. [2]