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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 [update] it is £11.44 per hour. [ 1 ]
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 per hour 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 aged under 19 or in the first year of their apprenticeship. [ 3 ] (
The Resolution Foundation suggested the autumn statement had increased pressure on "the squeezed middle" of wage earners, and extended the real wage recovery lag to 19 years, meaning that real wages would not return to 2008 levels until 2027, leaving wage earners £292 a week (roughly £15,000 a year) worse off than they would have been.
The Low Pay Commission, the panel of experts which advises the government on minimum wage increases, said the most likely increase needed for the National Living Wage in 2025 would be a 3.9% rise ...
The following list provides information relating to the (gross) minimum wages (before tax & social charges) of in the European Union member states. The calculations are based on the assumption of a 40-hour working week and a 52-week year, with the exceptions of France (35 hours), [1] Belgium (38 hours), [2] Ireland (39 hours), [1] and Germany (39.1 hours).
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The following list provides information relating to the minimum wages (gross) of countries in Europe. [ 1 ] [ 2 ] The calculations are based on the assumption of a 40-hour working week and a 52-week year, with the exceptions of France (35 hours), [ 3 ] Belgium (38 hours), [ 4 ] United Kingdom (38 hours), [ 3 ] Germany (38 hours), [ 5 ] Ireland ...
Colombia's minimum wage will increase by 12% in 2024, Labor Minister Gloria Ines Ramirez said on Friday, taking the figure to 1.3 million pesos ($340) per month. The increase in the minimum wage ...