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Category Archives: Minimum wage rates
Living Wage Foundation brings its annual announcement forward
As reported here in the summer, The Living Wage Foundation has brought forward their announcement of the annual Living Wage/London Living Wage increase. The new figures are £10.90 (90p increase)/£11.95 (£1 increase) respectively – the largest ever annual increase (last … Continue reading
Living Wage Foundation response to the cost of living crisis
As the cost of living soars at rates not seen for more than thirty years, the Living Wage Foundation has announced plans to bring its annual announcement forward from November to late September. The previous figure was announced in mid-November … Continue reading
Labour market enforcement – update
Reading my copy of PIRC’s quarterly Work newsletter, I see that there’s no mention of the budget / timetable for the proposed Single Enforcement Body (SEB) that we are hoping to see from the UK government. There is an ongoing … Continue reading
How inflation is affecting individual households
Further to the previous post on the cost of living, Bectu reps may wish to circulate this Office for National Statistics (ONS) page on how to calculate your personal cost-of-living changes.
Cost of living price rises – it’s all bad news
There’s lots of bad news around for anyone who isn’t enjoying significant wage rises at the moment. ONS figures are reporting that the consumer prices index (CPI) measure of annual inflation rose to 4.2% in October, up from 3.1% in … Continue reading
Posted in Economics, Inflation, Low pay, Minimum wage rates, Pay & inflation, Wages and Pay-rates
Tagged Inflation, Productivity
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Universal Credit and self-employed earnings
The minimum income floor was reintroduced from August 2021, having been suspended soon after the start of the lockdown in April 2020. Broadly, the Work Allowance and taper rate are the same as for employed people. However, a ‘Minimum Income … Continue reading
New ‘Living Wage’ published
The Living Wage Foundation has published their new ‘Living Wage’ rates – up from £9.50 to £9.90 across the UK (40p increase), and from £10.85 up to £11.05 in London (20p increase). The Living Wage rates are the only rates … Continue reading
National Living Wage will rise to £9.50 an hour
The 59p increase for workers over 23 – up 6.6% from £8.91 reflects the inflationary pressure outlined here a few weeks ago. The new rates will rise from 1 April 2022 as follows: National Living Wage for over-23s: From £8.91 … Continue reading
Class based exclusion in the creative sector
In a huge wake-up call for the creative sector, the (NESTA) Creative Industries Policy and Research Centre have published a damning report on class-based exclusion. The UK’s #CreativeIndustries would need to employ 250,000 more working-class people to be as socio … Continue reading
Employers minimum-wage shame list and how it affects freelancers
From an HMG press release earlier today: Today (Thursday 5 August) 191 businesses are being named for breaking the national minimum wage law. Following investigations by Her Majesty’s Revenue and Customs, a total of £2.1 million was found to be … Continue reading
Labour proposes the creation of a single ‘worker’ status
New #ukemplaw bulletin – Labour announces policy to create a single status of ‘worker’ – https://t.co/naWdwwJ1AE — Daniel Barnett (@daniel_barnett) July 26, 2021 Keir Starmer outlines this on LabourList – here. The party has been briefing that the aim here … Continue reading
Upward pressures on low-pay casual wages
This, from the US. It will be interesting to see how the same thing plays out in the UK, with the added spice of Brexit and migration. In the US, one in four workers thinking of leaving their jobs, according … Continue reading
Whither minimum wages?
From ‘The Future Path of Minimum Wages‘ (IFS, 2019), it is worth remembering that The Conservatives have pledged to raise the National Living Wage (NLW) to two-thirds of median hourly wages by 2024 and extend it to 21- to 24-year-olds. … Continue reading
National Living Wage and other wage minimums – 2021 changes
On April 1st 2021, the national living wage increased 2.2% from £8.72 to £8.91. This is an annual pay rise of £345 for a full-time employee on this rate. However, prior to this year, the NLW was only applied to … Continue reading
Posted in Minimum wage rates
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