answer text |
<p><strong> </strong></p><p>The National Living Wage will come into force on 1 April
2016. We estimate that a full-time National Minimum Wage worker will earn over £4,400
more by 2020 from the National Living Wage in cash terms.</p><p> </p><p>This Government
is committed to improving living standards, particularly for the low paid. Guided
by a proportion of median earnings which leading experts recommend, the National Living
Wage recognizes the balance needed of an affordable rate for businesses with achieving
a significant increase in minimum pay.</p><p> </p><p>The Low Pay Commission will continue
to make recommendations on the appropriate rate for the National Living Wage going
forward, to make sure that wages rise to reward workers while considering the impact
on the economy.</p><p><strong> </strong></p><p><strong> </strong></p><p><strong> </strong></p>
|
|