MILLIONS of workers will see their pay checks go up within days, giving them an increase of £1,600 a year. The 10% hike will see the national living wage rise from £9.50 to £10.42 an hour…
In 2011, a campaign group called the Living Wage Foundation was founded to persuade employers to voluntarily pay what it called the National Living Wage.
The National Living Wage was an independently-calculated estimate of the rate workers needed to cover their basic needs, and was higher than the National Minimum Wage.instead, which is currently £9.18 for 21 to 22-year-olds and £6.83 for those aged 18 to 20.The rates for the national minimum wage for 2023/24 are as follows:For 18 to 20-year-olds, the minimum wage will go up to £7.49 an hourThe apprenticeship wage will go up to £5.
This payment will be tax-free and will not have any effect on any existing benefit payments that you receive.in some areas of the UK right now, which means you could be entitled to an extra £25 per day.For each seven-day period of low temperatures, the payment is worth £25 and if you get certain benefits you should get the cash automatically.It was originally meant to close at the end of March but has since been extended.
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