nick venedi

Wednesday 4 August 2010

Changes in Minimum pay and age

Good news on the age at which workers become eligible for the full national minimum wage (NMW) rate this will drop to 21 this year.
The Government has
published the latest NMW Regulations which state that the age from which the principal rate becomes payable falls from 22 to 21 on 1 October 2010. Employees of that age and above will be entitled to a minimum wage of £5.93 per hour - up 2.2% from £5.80.

It is estimated that around 85,000 22 year olds will benefit from this positive change but of course more should be done to bring the minimum wage in line with real cost of living.

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