The Government estimates that the national minimum wage increase in
October will benefit 100,000 workers in the Eastern region.
He continued, “Since April 2004 more
than £3 million has been recovered from employers who have not been
paying the national minimum wage. The Inland Revenue, who are
responsible for enforcing this legislation, investigate all complaints
made about employers suspected of not paying the minimum wage but also
visit a sample of employers about whom no complaints have been made.”
“The average weekly pay for men in
full-time employment in Peterborough is £507.50, which if you divide
by 40 hours is an hourly rate of £12.69. When you compare this to the
current minimum national wage of £4.85, you can see there is still a
large gap between the minimum and the average hourly rate that the
Government seem committed to reducing,” said Tim.
The government have also announced
that the national minimum wage will again rise in October 2006 to
£5.35 per hour. The youth rate (18-21 year olds) will increase to
£4.25 in October 2005 and £4.45 in October 2006.