Did you know the National Minimum Wage is increasing from tomorrow? πŸ“’

Make sure to check your payslip to ensure you’re being paid the correct amount! Employers must pay at least the legal minimum wage. βœ…

You can check the new rates on GOV.UK by searching β€œNational Minimum Wage rates”
πŸ‘‰πŸ» https://www.gov.uk/national-minimum-wage-rates

#NationalMinimumWage #MinimumWage #HMRC #CitizensAdvice #GOVUK #UKWorkers

πŸ’Ό In the latest issue of our Changing Populations newsletter, we report on a study by CG member Dr Carl Singleton, that revealed the UK's #genderpaygap may be larger than official estimates.

Dr Singleton said: "The implications of our findings are wide-reaching, as the information used in this annual survey affects everything from #paydeals to the #NationalMinimumWage."

▢️ Read the full story in section 6: https://sway.cloud.microsoft/WzAYgcw05ELXCdXJ?ref=Link

#labourmarket #economics #wages #earnings #employment #paygap

@Kierkegaanks @Strandjunker

In this comparison, the fluctuating currencies do not matter. It is about the ratio between salary of costs.

If currency fluctuation increases the price of the Danish Big Mac in US$, the hourly income in Denmark goes up by the same factor.

The ratio of salary vs costs stays the same.

#NationalMinimumWage

Not heard a tap on what rate the #pension in about 15 years. #NationalMinimumWage #minimumwage #livingwage

For those in #Wales who are curious about the pay level of Junior Doctors at Β£13.65 per hour.

As a Hospital Porter I earn Β£11.63 per hour. From April the National Minimum Wage will be Β£11.44 per hour.

Junior Doctors are medically trained and generally very experienced.

At our hospital Porters do a huge variety of different tasks and jobs which require some experience, but clearly not at the level of Doctor

πŸ€¨πŸ€¦β€β™‚οΈ

#Wales #JuniorDoctorsStrike #Pay #NationalMinimumWage

"Workers on voluntary Real Living Wage see 10% pay rise"

A reminder that the Real Living Wage preceded the English government's Living Wage, formerly known as the national minimum wage. The Tories stole the unprotected name from the Living Wage Foundation.

#LivingWage #RealLivingWage #NationalMinimumWage

https://www.bbc.co.uk/news/business-67194691

Workers on voluntary Real Living Wage see 10% pay rise

The increase in the voluntary pay scheme will benefit more than 460,000 UK workers.

BBC News

The #AutumnStatement from #JeremyHunt
🧡🧡🧡 (my initial thoughts)

Can it be clarified: is the "#NationalLivingWage the same as the #NationalMinimumWage? Because if not, then a "raise" is pointless...?