Tag: wage increase
The National Minimum Wage (NMW) and National Living Wage (NLW) are the legal minimum wage rates that must be paid to employees. Employers are liable to be penalised for not complying with the NMW and NLW rules.
The government has announced a 6.2% increase in the National Living Wage (NLW), which applies to workers aged 25 and over.
There’s been an increase in average earnings, according to the Office for National Statistics (ONS). Stockport Accountants, IN Accountancy, report that the ONS have released figures which show the median gross weekly earnings for full-time employees has increased by 2.2%
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