Pay

(asked on 15th May 2024) - View Source

Question to the Department for Business and Trade:

To ask His Majesty's Government, further to reports of a discrepancy between wage growth and pay settlements, what steps they are taking to (1) ensure fair compensation for workers, and (2) address income disparities across different sectors of the economy.


Answered by
Lord Offord of Garvel Portrait
Lord Offord of Garvel
This question was answered on 23rd May 2024

The National Living Wage is part of our wider commitment to ensuring a labour market that works for everyone, both in terms of fair pay and fair working conditions.

On 1 April 2024, the Government increased the National Living Wage for workers aged 21 years to £11.44 an hour. We are pleased to confirm that this record cash increase of £1.02 per hour means we will hit the target for the National Living Wage to equal two-thirds of median earnings for those aged 21 and over in 2024. This will end low hourly pay for this group.

Reticulating Splines