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Andrew Crawford
- Nov 4, 2019
- 1 min
Minimum Wage (2024)
An independent report into the national living wage (NLW) found raising it has only a minimal effect on employment rates while significantly improving the financial position of the lowest paid. The study, commissioned by former chancellor Philip Hammond to inform government policy on minimum wages, found that while a higher minimum wage would eventually lead to lower employment, there was 'room for exploring a more ambitious NLW remit in the UK.' Welcoming the report the trea
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Andrew Crawford
- Feb 2, 2019
- 1 min
Minimum Wage 2019
The government sets a minimum amount workers must be paid for hours that they work. Under 25s it is called the National Minimum Wage (NMW) and for over 25s the National Living Wage (NLW). Here's the current rates (from April 1st 2019): 25 and over: £8.21 per hour; 21 to 24: £7.70 per hour; 18 to 20: £6.15 per hour; under 18: £4.35 per hour, and; apprentice: £3.90 Anyone classed as a worker is entitled to and should get the NMW or NLW: full-time workers; part-time workers; age
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Andrew Crawford
- Feb 5, 2018
- 1 min
Minimum Wage 2018
The government sets a minimum amount workers must be paid for hours that they work. Under 25s it is called the National Minimum Wage (NMW) and for over 25s the National Living Wage (NLW). Here's the current rates (from April 1st 2018): 25 and over: £7.83 per hour; 21 to 24: £7.38 per hour; 18 to 20: £5.90 per hour; under 18: £4.20 per hour, and; apprentice: £3.70 Anyone classed as a worker is entitled to and should get the NMW or NLW: full-time workers; part-time workers; age
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