National living wage to be introduced

EMPLOYEES over 25 who are currently on the national minimum wage will get a pay rise in April with the government introducing a compulsory national living wage.

  • Date: 08 October 2015

Starting at £7.20 per hour, with the aim to increase to £9 by 2020, it will effectively replace the existing minimum wage for over-25s and is expected to boost the wages of six million people.

The national minimum wage increased to £6.70 at the beginning of October so next year’s change will see a 7.4 per cent wage increase for those affected.

 

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