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Minimum wage could increase

Still not in line with living wage

The tiered structure of national minimum wage for workers over 18 on the Island could be scrapped this autumn, meaning a significant rise for those under 25.

Subject to Tynwald approval, the single hourly rate will rise to £7.85 from 1 October.

£7.83 is currently considered to be the 'living wage' for everywhere in the UK outside of London.

Whilst that would only represent a 35p rise for Manx over-25s - who currently earn a minimum of £7.50 per hour - it's a steeper rise for 18-24 year olds, who previously were entitled to separate rates based upon age.

It will be a particularly dramatic rise for 18-20 year olds, who will effectively earn an extra pound per hour under the new scheme.

However, there will still be a lower rate of £5.85 per hour for those over the compulsory school age, who aren't yet 18.

There's also a rate of £6.95 for 'development workers' - people aged 18 and above who are receiving training from the Department of Education, Sport and Culture and are within the first six months of employment.

The rises still fall short of the estimated 'living wage' on the Isle of Man though, which remains at £8.61 per hour.

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