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<p>Through the National Minimum Wage (NMW) and National Living Wage (NLW), we are
ensuring the lowest paid are fairly rewarded for their contribution to the economy.
This April, the NLW will increase by 6.2% to £8.72, meaning that a full-time worker
on the wage will see their pay increase by over £930 over the year. Young workers
on the NMW will see their pay increase between 4.6% and 6.5%. Collectively, these
increases to the minimum wage are estimated to directly benefit 2.4 million workers.</p><p>
</p><p>In setting these rates, the Government consider the expert and independent
advice of the Low Pay Commission (LPC). The LPC draws on economic, labour market and
pay analysis, independent research and stakeholder evidence, to assess the impact
of past minimum wage increases and their proposed rates for the following year.</p><p>
</p><p>To date, the LPC have found that the minimum wage has increased pay for the
lowest earners without harming employment. They will publish their 2020 report later
this year, which will contain a further assessment on the impact of the latest increases.</p>
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