Including company directors, university students on work placements and even members of the Armed Forces
Millions of UK workers are poised for a significant pay increase this year, following the Autumn Budget announcement by Labour. Chancellor Rachel Reeves confirmed a rise in the National Living Wage and the National Minimum Wage last autumn, with the aim of promoting fairer wages.
It may be surprising to learn that company directors, university students on work placements, and even members of the Armed Forces are not guaranteed the basic amount. The Government also lists the following: Eighteen to 20 year olds will also benefit from a record rate increase, with their minimum wage rising to £10 per hour, reports Bristol Live.
Following the announcement in October, Chancellor Rachel Reeves commented: "This Government promised a genuine living wage for working people. This pay boost for millions of workers is a significant step towards delivering on that promise."
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