Minister for Trade and Industry David Cretney (pictured) has overridden the suggestion of the Minimum Wage Committee and increased the level to £6 an hour.
The proposal, which is subject to approval by Tynwald in October, represents a rise of over seven per cent.
The Committee suggested a rise from £5.60 to £5.85 an hour (audio file attached):
It's suggested the minimum wage for 16 and 17 year olds in the Isle of Man should remain at £4.67 and £5.24 respectively.
In the United Kingdom the minimum hourly rates will increase from £3.40 to £3.53 for 16 and 17 year olds, and from £4.60 to £4.77 for those in the 18 to 21 age group.