£9.50 an hour is the national minimum wage in the UK

£9.50 an hour is the national minimum wage in the UK

From April 2022, the national minimum wage in the UK will increase. Those over 23 earn £9.50 an hour or a £6.6 % increase in current salary to £8.91 per hour.

For people aged 21 to 22, the minimum wage will increase from £8.36 to £9.18.

These increases were approved by the Laeloon Commission.

Of course, not everyone is happy with the change. Some say this is insufficient and that the increase should have brought the minimum wage for full-time workers to at least £10 an hour. Those who disapprove argue that this increase will be nullified by tax increases and universal credit cuts.

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However, the UK government claims that the increase will result in higher wages for full-time workers and that full-time low-paid workers will earn around £1000 a year. Initially, due to the £1,000 annual reduction in universal credit, these low-paid workers lost out and suffered the effects of inflation.

Interestingly, the wages of most workers increased in 2021, especially those who had the greatest impact of the pandemic in 2020: low-paid workers, young people, and men.

Salaries in functions such as cleaning, work, and other basic occupations increased by 7.7%, while executive and executive salaries remained the same.

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