Lemmit.Online bot@lemmit.onlineMB to World News@lemmit.onlineEnglish · 7 months agoBritain to raise minimum wage by 9.8% to 11.44 pounds an hourwww.reuters.comexternal-linkmessage-square2fedilinkarrow-up15arrow-down10file-text
arrow-up15arrow-down1external-linkBritain to raise minimum wage by 9.8% to 11.44 pounds an hourwww.reuters.comLemmit.Online bot@lemmit.onlineMB to World News@lemmit.onlineEnglish · 7 months agomessage-square2fedilinkfile-text
This is an automated archive made by the Lemmit Bot. The original was posted on /r/worldnews by /u/SecondAccount404 on 2023-11-21 21:56:40.
minus-squarerichdotward@lemmy.calinkfedilinkarrow-up1·7 months agoJust ran the figures and based on paying the standard 5% into your pension then in extra money I get an 1.70 per month increase take home pay. The rest of the increase is paid via tax relief direct into your pension. Can’t touch it though for years to come. Good long term I guess but hardy helps short term. Most likely just encourage people to opt out the pension totally.
Just ran the figures and based on paying the standard 5% into your pension then in extra money I get an 1.70 per month increase take home pay.
The rest of the increase is paid via tax relief direct into your pension. Can’t touch it though for years to come.
Good long term I guess but hardy helps short term. Most likely just encourage people to opt out the pension totally.