How we calculate a path for the National Living Wage’s target of two-thirds of median wages in 2024
How we calculate a path for the National Living Wage’s target of two-thirds of median wages in 2024
What is the National Living Wage? Our main job at the Low Pay Commission is to recommend future National Minimum Wage (NMW) rates. Under the NMW, there are different rates for different age groups and a separate rate for apprentices. …