To mark its 25th anniversary, the UK minimum wage has seen one of its largest annual increases since it was introduced in 1999. The government's 10% hike has, however, provoked concern among businesses, which may be revising their recruitment plans downwards.
The minimum wage will rise from £10.42 to £11.44 an hour (around €13) for employees aged 21 and over from 1 April, as announced by the government in October. This represents an increase of almost 10% and is equivalent to two-thirds of the median wage for workers in this age group.
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Article authors
Nathalie Tran
Editor-in-Chief Mind HR