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The National Minimum Wage Act 1998 (c. 39) creates a minimum wage across the United Kingdom. [ 2] From 1 April 2024, the minimum wage is £11.44 for people aged 21 and over, £8.60 for 18- to 20-year-olds, and £6.40 for 16- to 17-year-olds and apprentices. [ 3] (. See Current and past rates .)
The National Living Wage is an obligatory minimum wage payable to workers in the United Kingdom aged 21 [ a] and over which came into effect on 1 April 2016. As of April 2024 it is £11.44 per hour. [ 1] It was implemented at a significantly higher rate than the national minimum wage rate for workers under 25, and was expected (in 2015) to rise ...
Czech Republic. 18,900.00 koruna (minimum wage is fixed at an hourly rate and at a monthly rate simultaneously) [ 10] -. €771.15. 112.5 koruna [ 10] 1 January 2024. Estonia. €820.00 (minimum wage is fixed at an hourly rate and at a monthly rate simultaneously) [ 11] €763.00 [ 12]
The calculations are based on the assumption of a 40-hour working week and a 52-week year, with the exceptions of France (35 hours), [ 3] Belgium (38 hours), [ 4] United Kingdom (38 hours), [ 3] Germany (38 hours), [ 5] Ireland (39 hours) [ 5] and Monaco (39 hours). [ 6] Most minimum wages are fixed at a monthly rate, but some countries set ...
The average income was £30,472, and the average working week was 36 hours. [ 1 ] United Kingdom labour law regulates the relations between workers, employers and trade unions. [ 2 ] People at work in the UK have a minimum set of employment rights, [ 3 ] from Acts of Parliament, Regulations, common law and equity.
General minimum wage by territory, as of February 2023. This is a list of the official minimum wage rates of the 193 United Nations member states and former members of the United Nations, also including the following territories and states with limited recognition (Northern Cyprus, Kosovo, etc.) and other independent countries.
The minimum wage was a major factor in British industrial relations from 1909 until the 1930s. [6] After a study of the minimum wage laws in Australia and New Zealand The Liberal Party acted to set up a minimum wage in the most heavily sweated or underpaid industries, as part of a broad range of social reforms.
A 2010 work studied the effect of the UK minimum wage on prices. The minimum wage did not cause prices to rise faster than normal in the months following an increase. But in the longer term, sectors with many such workers [a] saw prices rise faster than other sectors, especially in the four years after the introduction of the minimum wage. [104]