Recommendations from
The Low Pay Commission have resulted in the government changing the law surrounding the
national minimum wage, which is set to increase by 15p an hour from £5.93 to £6.08.
Additionally, the minimum wage for 18 to 20 year olds will increase by 6p to £4.98 an hour, while 16 to 17 year olds will receive an extra 4p at £3.68 an hour. Apprentices will profit from a 10p increase to £2.60 an hour. The changes will be implemented in October 2011.
This move will benefit nearly one million employees and is positive news for Britain’s workforce in a time of protracted uncertainty.
And with the
accountancy sector performing strongly according to the latest Report on Jobs from the REC and KPMG, salary demands will continue to rise.
Apply for finance and accounting jobs here
