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November 26, 2014, 06:21:59 PM
HireScores.com Recruitment ForumForum CommunityNews & Information (Moderator: Forum Management)National Minimum Wage
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« on: September 05, 2008, 10:19:19 AM »

National Minimum Wage

The national minimum wage applies to nearly all workers and sets hourly rates below which pay must not be allowed to fall.

It is an important cornerstone of Government strategy aimed at providing employees with decent minimum standards and fairness in the workplace. It helps business by ensuring companies will be able to compete on the basis of quality of the goods and services they provide and not on low prices based predominantly on low rates of pay.

The rates set are based on the recommendations of the independent Low Pay Commission. The rates change on 1st October each year.

National Minimum Wage rates from 1 October 2007 to 30 September 2008

    * Workers aged 22 and over -   5.52 per hour
    * Workers aged 18-21 -         4.60 per hour
    * Workers aged 16-17 -         3.40 per hour
    * Accommodation offset -       4.30 per day (30.10 per week)

New National Minimum Wage rates from 1 October 2008

    * Workers aged 22 and over -   5.73 per hour
    * Workers aged 18-21 -         4.77 per hour
    * Workers aged 16-17 -         3.53 per hour
    * Accommodation offset -       4.46 per day (31.22 per week)
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« Reply #1 on: September 06, 2008, 06:38:40 AM »

I think it is good that changes are being made to the min wage, but I often feel it is very difficult for people to survive on such as low income.  Many refer to these people as the working poor and I understand why. 

You will often see these people work two min wage jobs just to make ends meet.  That's a lot of pressure to stay afloat, especially in this society.
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« Reply #2 on: September 15, 2008, 01:46:08 PM »

There is, of course, a lot of debate about whether or not there should be a minimum wage and what it should be.  A difficult subject with reasonable arguments on both sides. 
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