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Proposals for increase to minimum wage

The changes would see an increase of £1.25 per hour

The minimum wage in the Isle of Man could be about to go up.

The proposed changes would see the current total go from £8.25 to £9.50 an hour; an increase of £1.25.

However they have to be approved by Tynwald with the proposal under consideration at the February sitting.

If given the go-ahead they will come into effect on 1 April and will mean an extra £2,275 year for full-time workers before tax.

The rate for 16-17 year-olds could also rise to £6.80 and £8.05 respectively.

The recommendation for the rise comes from the Minimum Wage Committee which has taken into account the UK's increase which also comes into effect at the beginning of April.

It says it's also taken into consideration the recent two-year pay freeze, plus continued pressure on the labour market, as well as the direction from Tynwald last July that the Island's minimum wage should reach the level of the Isle of Man's Living Wage within five years.

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