From 1 October 2009 the adult minimum wage rate will increase from £5.73 an hour to £5.80. The Youth Development Rate (for workers aged 18 to 21) will rise from £4.77 to £4.83 and for 16-17 year olds will increase from £3.53 to £3.67 an hour. The Government has also announced that, from October 2010, they will be adopting the Low Pay Commission’s recommendation that 21 year olds be entitled to the adult rate.
Many businesses may have been hoping that the Government would adopt the British Chamber of Commerce’s proposal to freeze the minimum wage rates given the current economic climate. However, these modest increases will provide benefit to low income earners whilst having a relatively moderate impact on businesses.
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