Increase in National Minimum Wage
March 5th, 2008 | by martin.rhodes |The National Minimum wage is to get another rise above the rate of inflation to take greater account of higher living costs.
Prime Minister Gordon Brown today announced the adult National Minimum Wage (NMW) rate will rise from £5.52 to £5.73. The rate for 18-21 year olds will also increase from £4.60 to £4.77, while the 16-17 year old rate will rise from £3.40 to £3.53.
While the Tories opposed the minimum wage and still criticise it, the Labour Government is taking steps to strengthen it – ensuring that employees know their rights and employers know their responsibilities. Glasgow North MP, Ann McKechin welcomed the increase: “The National Minimum Wage is one of the most important achievements of the Labour Government. It makes a real difference to people’s lives.”
Nearly one million low paid employees, two thirds of them women, will benefit from this increase.
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