The National Minimum Wage is an important cornerstone of Government strategy aimed at providing employees with decent minimum standards and fairness in the workplace. It applies to nearly all workers and sets hourly rates below which pay must not be allowed to fall.
The National Minimum Wage helps business by ensuring companies will be able to compete on the basis of quality of the goods and services they provide and not on low prices based predominantly on low rates of pay.
The National Minimum Wage rates set are based on the recommendations of the independent Low Pay Commission.
The National Minimum Wage rate last rose on the 1st October 2011. For further details read What is the National Minimum Wage?
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