Over 170,000 Workers in Northern Ireland Receive Pay Increase

Up to 170,000 workers in Northern Ireland are set to receive a pay rise as changes to the National Minimum Wage come into effect. Full-time workers on the National Living Wage will see an increase of £1,400 per year in real terms, aimed at improving financial stability and living standards as part of the Plan for Change.

Government’s Commitment

The Department for Business and Trade stated that this rise in wages aims to provide security for working individuals and reduce financial pressure in their daily lives. It is expected to have positive spill-over effects, possibly benefiting more workers with wage increases. Business Secretary Jonathan Reynolds emphasized the government's commitment to eradicating low pay and enhancing workers' rights.

Wage Increases

As of today, the National Living Wage for individuals above 21 has increased by 6.7% to £12.21 per hour. The National Minimum Wage for 18-20-year-olds saw a substantial 16.2% rise to £10 per hour, while those under 18 will now earn £7.55 per hour. Apprentices also received a notable increase to £7.55 per hour. The Accommodation Offset stands at £10.66 per day.

Officials' Reactions

Secretary of State for Northern Ireland, Hilary Benn, expressed enthusiasm for the wage increase, highlighting the positive impact it will have on the economic growth in Northern Ireland. Employment Rights Minister Justin Madders praised the initiative for rewarding hard work and improving living standards across the region.

Economic Growth

The increase in minimum and living wages not only supports individuals but also aims to stimulate economic growth and elevate living standards, paving the way for financial stability and a brighter future for Northern Ireland.