Exact date millions will get a pay rise as living wage rises to £12.10 per hour... - The Sun
THE exact date for when millions of workers will get a bumper pay rise when the National Living Wage has been revealed.
The government's advisory body on minimum wages, the Low Pay Commission (LPC), has declared its intention to increase the statutory amount to 12.10 per hour.
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The National Living Wage, currently set at 11.44 per hour, is paid to those who are over 21.
In order to keep up with rising costs, minimum pay levels typically increase annually.
The rate rose 10% from 10.42 in April of this year, and in previous years it has generally increased faster than inflation.
Deputy Prime Minister Angela Rayner promised to "raise the floor on wages," but Labour wants to go further.
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Following their election, Rayner and Business Secretary Jonathan Reynolds directed the LPC to suggest a rise that would cover living expenses and guarantee that the national living wage would not fall below two-thirds of median income.
The LPC has responded by stating that, to match earnings growth, salaries would need to increase by roughly 5.8%, which is a substantial increase from their estimate of 3.9% from March.
This indicates that starting on April 1, 2025, the National Living Wage is projected to increase...
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