© Copyright Acquisition International 2024 - All Rights Reserved.

Article Image - More Needed on Minimum Wage to Tackle Low Pay, Says CWU
Posted 18th March 2015

More Needed on Minimum Wage to Tackle Low Pay, Says CWU

Responding to the announced increase in the minimum wage the Communication Workers Union welcomes an increase but says far more needs to be done to tackle low pay and pushes for the Living Wage to be applied by employers.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

More Needed on Minimum Wage to Tackle Low Pay, Says CWU
Image

More Needed on Minimum Wage to Tackle Low Pay, Says CWU

Responding to the announced increase in the minimum wage the Communication Workers Union welcomes an increase but says far more needs to be done to tackle low pay and pushes for the Living Wage to be applied by employers.
Billy Hayes, CWU general secretary, said: “An increase is always welcome, but this year of all years – when the economic recovery is continuing and there is a general election on the horizon – we expected the government to be bolder in sharing that success with low paid workers who have suffered most under this government.

“The minimum wage remains inadequate for the majority of families to live on, meaning the government is simply subsidising low-paying companies through in-work benefits to make up the shortfall.

“George Osborne has failed to meet his promise of a £7 minimum wage which he made over a year ago. Wages have stagnated for years under the coalition government. They have taken strong action on apprenticeships’ pay, but number 11 has missed its opportunity to put low pay for over a million workers right before the election.”

The government has announced that the minimum wage will rise in October by 20p an hour to £6.70 (3 per cent). The hourly rate for 18 to 20-year-olds will go up from £5.13 to £5.30 (3 per cent) and by 8p to £3.87 for 16 and 17-year-olds (a 2 per cent rise).

The statutory minimum for apprentices will increase by 57p to £3.30, an increase of 20 per cent.


Categories: Strategy


You Might Also Like
Read Full PostRead - Eye Icon
Common Challenges in Property Damage Insurance Claims and How a Lawyer Can Help
News
29/08/2023Common Challenges in Property Damage Insurance Claims and How a Lawyer Can Help

Although the process of filing a property damage insurance claim may seem straightforward in theory, it can often be complex and difficult to navigate in practice, necessitating the expertise of property damage lawyer Houston. From finding the right coverage a

Read Full PostRead - Eye Icon
Why Do Judges Hand Out Multiple Life Sentences?
Legal
21/09/2022Why Do Judges Hand Out Multiple Life Sentences?

This article will discuss what this type of punishment is and how courts reach their decision to hand such sentences to law offenders. This write-up will also cite examples of people with these “back-to-back” life sentences.

Read Full PostRead - Eye Icon
Gehl Foods acquired by Wind Point Partners
M&A
27/03/2015Gehl Foods acquired by Wind Point Partners

Gehl Foods announced today that it has been acquired by Wind Point Partners.

Read Full PostRead - Eye Icon
Why the Fintech Industry is Migrating to the Cloud
Finance
02/03/2023Why the Fintech Industry is Migrating to the Cloud

If you've been keeping up with the latest news in the fintech world, you might have noticed a common theme: more and more companies are moving their operations to the cloud. In fact, according to Mckinsey & Co, 54% of financial institutions expect to shift at

Read Full PostRead - Eye Icon
Hungary and EBRD Acquire Minority Stakes in Erste Bank Hungary Zrt
M&A
20/06/2016Hungary and EBRD Acquire Minority Stakes in Erste Bank Hungary Zrt

Hungary, represented by state-owned entity Corvinus Zrt. in the transaction, and the European Bank for Reconstruction and Development (EBRD) today signed the contractual framework with Erste Group Bank AG (Erste Group) to acquire minority equity stakes of 15 p

Read Full PostRead - Eye Icon
Advice You Can Count On
Leadership
13/02/2017Advice You Can Count On

(HIS) Cummings Global Associates Ltd, 2016 Boutique Business of the Year, is a firm of business consultants who specialise in working with small businesses and entrepreneurs.

Read Full PostRead - Eye Icon
How Augmented Reality is Changing Business in the UK
Innovation
23/05/2022How Augmented Reality is Changing Business in the UK

On the internet, augmented reality (AR) is already making waves. AR filters are all over Instagram, from Rihanna's glittering diamond headpiece to Kylie Jenner's strong lipstick colours.

Read Full PostRead - Eye Icon
Overlooked Employee Issues When Acquiring a New Company
News
06/12/2021Overlooked Employee Issues When Acquiring a New Company

Overlooked Employee Issues When Acquiring a New Company Following the acquisition of a new company, there are tons of things that managers and human resources need to think about and do. In turn, that can mean many employee issues become overlooked. Don’t fo

Read Full PostRead - Eye Icon
Redefining Communication
Innovation
12/10/2021Redefining Communication

Investis Digital is a global communications company that is establishing itself as a revolutionary leader of digital connectivity. Championing cutting-edge technology that allows brands to tell their stories and engage on a deeper level with their customers, I



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have 14 unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow