National Minimum Wage to rise by 59p to £9.50 per hour

[Denver]

Rishi Sunak is expected to announce a massive rise in the minimum wage in the budget which will leave them on course to fulfill the £10ph remixed by next election.

It is also expected that the wage increase of 6m6% is more then double of the expected increase of living

https://www.google.com/amp/s/www.bbc.co.uk/news/business-59038076.amp

[arista]

Yes, for all 23 and over.
And from April 2022

Labour asked why he could not go to £10?

Was debated on Politics Live BBC2HD

[hijaxers]

Wow what a massive rise :joker::joker::joker: It's not even remotely funny.

[arista]

https://i.dailymail.co.uk/1s/2021/10/25/14/49612271-0-image-m-36_1635168712581.jpg


https://www.dailymail.co.uk/news/article-10127537/Rishi-Sunak-unfreeze-public-sector-pay-Budget.html

[user104658]

Wow what a massive rise :joker::joker::joker: It's not even remotely funny.


What they also don’t mention is that for families on minimum wage, most of it will come straight out of their Universal Credit/Working Tax Credit anyway. The real-terms monthly increase is like £25. But that’s the ol’ benefits trap in action.

[Alf]

Do people who work in London and down South also earn that minimum wage? I thought things were dearer darn Sarth? How do the manage on £9 an hour?

I'm on £11.80 ph hour, which is fairly decent for an unskilled person in Hull.

[user104658]

Do people who work in London and down South also earn that minimum wage? I thought things were dearer darn Sarth? How do the manage on £9 an hour?

I'm on £11.80 ph hour, which is fairly decent for an unskilled person in Hull.


Most companies have a “London premium” where they pay a couple of £ more per hour in London. To be honest I doubt it comes anywhere close to covering the extra housing/commuting costs of living in London though.

[arista]

https://ichef.bbci.co.uk/news/976/cpsprodpb/596B/production/_121219822_mail2610.png

https://ichef.bbci.co.uk/news/976/cpsprodpb/325B/production/_121219821_express2610.png

[Cherie]

Wow what a massive rise :joker::joker::joker: It's not even remotely funny.

it equate to about 1,000 a year so it all adds up and is targeted more at the younger generation

[user104658]

it equate to about 1,000 a year so it all adds up and is targeted more at the younger generation

Again, £1000 a year for those without families. Families on minimum wage incomes will be receiving Universal Credit which will taper off with any income rise... they'll be lucky to find themselves £30/month better off. So in real terms - once you factor in the rising cost of food and the soaring cost of energy - significantly worse off in April 2022 than they were in April 2021.

Like I said I don't really know what the answer to that is; the benefits trap is awful, and I can say that having experienced wriggling all the way out of it (from being fully reliant when we first left University expecting our first, to being totally out from under it after several years). It is EXTREMELY disheartening to be given more hours, then promotions, then dual income etc. only to have most of the increased income balanced right back out by tax credit cuts. I remember our first major income increase "post benefits" and what an amazing feeling it was to be able to say "I'm earning £300 more next month and I actually get to be £300 better off!"

Anyway I'm off on a bit of a tangent there. I guess what I'm saying is, the government announce these things to try to convince the public that people will be better off... but they won't. Things are only going to get harder for those on low income.

[arista]

https://ichef.bbci.co.uk/news/976/cpsprodpb/CDE9/production/_121231725_times2710.png

[arista]

https://ichef.bbci.co.uk/news/976/cpsprodpb/16641/production/_121231719_metro2710.png

[arista]

https://ichef.bbci.co.uk/news/976/cpsprodpb/F4F9/production/_121231726_express2710.png

[bots]

pub owners are saying the pay increase is going to put 30 pence on the price of a pint of beer. Kind of hard to believe on a wage increase of 59 pence an hour

[arista]

pub owners are saying the pay increase is going to put 30 pence on the price of a pint of beer. Kind of hard to believe on a wage increase of 59 pence an hour


Yes Typical

[user104658]

pub owners are saying the pay increase is going to put 30 pence on the price of a pint of beer. Kind of hard to believe on a wage increase of 59 pence an hour

That is indeed some questionable maths right there. 30p on the pint to cover 60p an hour per staff member so ... each member of bar staff is serving 2 pints an hour? :joker:.

[user104658]

They're looking at another NHS pay bump so can't complain about that.

[arista]

Typical of Bloated BBC

BBC2HD
and BBCnewsHD


Both Streaming the Same show
Politics Live

[arista]

https://i.dailymail.co.uk/1s/2021/10/27/16/49707049-10135295-image-a-4_1635349444270.jpg

[arista]

https://ichef.bbci.co.uk/news/976/cpsprodpb/A4AA/production/_121245124_guardian2810.png

[arista]

https://ichef.bbci.co.uk/news/976/cpsprodpb/0C52/production/_121245130_mirrorfront28oct.png

[arista]

https://ichef.bbci.co.uk/news/976/cpsprodpb/7D9A/production/_121245123_i2810.png

[arista]

https://ichef.bbci.co.uk/news/976/cpsprodpb/167FA/production/_121245129_starfront28-10-2021.png

[Oliver_W]

What they also don’t mention is that for families on minimum wage, most of it will come straight out of their Universal Credit/Working Tax Credit anyway. The real-terms monthly increase is like £25. But that’s the ol’ benefits trap in action.

How does that work?

Last time I had anything to do with benefits, it was something like... For every £1 you earn, they knock off 60p?

[user104658]

How does that work?

Last time I had anything to do with benefits, it was something like... For every £1 you earn, they knock off 60p?

63p in the pound. Basically if you get a £400/month after tax pay rise (this did happen with me at one point about 8 years back; a promotion coupled with an hours increase) you actually end up only £150 a month better off. Obviously I understand the reasoning but it is massively disheartening. We're lucky enough to be in a substantially better financial position now and it does make all the difference in terms of workplace motivation, when promotions and raises have an actual observable effect on your day-to-day finances. Disposable income is just simply a better motivator.

It's always been a trap of the system though and it's why minimum wage should be a proper living wage in the first place ... families with parents working full time (doing ANYTHING) should not have to be reliant on top-up benefits just to make ends meet. It's a sign of a totally broken capitalist system. Benefits should only be needed when people aren't in work, or can't work due to disability/caring responsibility. People shouldn't be putting in 40 hour weeks and still needing rent assistance. It's a mess.

[Denver]

What they also don’t mention is that for families on minimum wage, most of it will come straight out of their Universal Credit/Working Tax Credit anyway. The real-terms monthly increase is like £25. But that’s the ol’ benefits trap in action.

Universal credit has dropped to 55p in every pound you earn and the minimum you get get without deductions has been raised to £500 which i think is worth more then the extra £20 they were giving but my maths may be a bit off

[MTVN]

That is indeed some questionable maths right there. 30p on the pint to cover 60p an hour per staff member so ... each member of bar staff is serving 2 pints an hour? :joker:.

It will probably mean they have to increase the pay of supervisors/management as well though

Someone on full time minimum wage now will make nearly 20k a year which is about what a lot of companies pay junior management

[Cherie]

They also have increased NI payments with a rise in wages

[user104658]

It will probably mean they have to increase the pay of supervisors/management as well though

Someone on full time minimum wage now will make nearly 20k a year which is about what a lot of companies pay junior management

A lot of places at this point are barely paying 50p/h more for duty managers and the trend seems to be simply making basic management duties part of the minimum wage baseline employment. Unfortunately.

[arista]

https://ichef.bbci.co.uk/news/976/cpsprodpb/F483/production/_121259526_mirror-nc.png

[arista]

https://ichef.bbci.co.uk/news/976/cpsprodpb/14875/production/_121258048_i-newspaper_page1_10458107-nc.png

[arista]

https://ichef.bbci.co.uk/news/976/cpsprodpb/351B/production/_121259531_ft-nc.png