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Minimum Wage UK

Minimum Wage UK

Just as the United States has established a national minimum wage, the United Kingdom has also created minimum wage standards. Minimum wage UK standards work similarly to minimum wage standards in the United States
Minimum wages continue to increase as the cost of living increases. As a result, the United Kingdom instated an increase in the minimum wage rates in 2010. In 2010, the minimum wage UK standards increased for employees of all ages.
The increase was relatively minor, improving the minimum wage by only a few cents. Nevertheless, a small increase is more helpful than no increase. In regard to minimum wage, Ireland only introduced associated legislation in 2000, and currently, the minimum wage is €8.65. Ireland did not see the minimum wage increase that the UK did in 2010. 
In the United Kingdom, the minimum wage set for individuals who are between the ages of 16 and 17 increased from £3.57 to £3.64 for each hour worked. Individuals who are between the aged of 18 and 20 are provided with an independent minimum wage.
Prior to 2010, the minimum wage for these individuals was £4.83, and since, has increased to £4.92. Employees who are over the age of 21 also benefited from a minimum wage increase in 2010, when the wage rate went from £5.80 to £5.93. In addition to the minimum wage increases that occurred, the government also introduced a minimum wage for people working as apprentices. Now, apprentices must be paid £2.50 for each hour that they work. 

Minimum Wage Australia

Minimum Wage Australia

In regard to minimum wage, Australia operates under the same principles as the United States and the United Kingdom. The Australian government believes that it is important to establish a minimum wage, in order to ensure that all eligible employees receive fair and reasonable compensation for their work. As a result, the Australian government has established minimum wage standards.

In Australia, the current minimum wage is significantly higher than the minimum wage currently offered in the United States and the United Kingdom. The minimum wage in Australia is currently regulated on a weekly basis, as opposed to a monthly basis.

In addition, an individual must be a certain age in order to be eligible for the minimum wage. Individuals who have not yet reached the specified age are entitled to receive a portion of the designated minimum wage. 

The current minimum wage in Australia is $543.78 each week that an individual works. This translates to roughly $14.31 for every hour worked, if an individual is working 38 hours each week. Individuals who are employed in casual jobs may be granted a higher minimum wage, due to the additional benefits that they often do not receive.

Casual employees are individuals who work in temporary jobs or on irregular schedules. In order for a worker to qualify for minimum wage rates, he/she must be over the age of 21. Individuals who are not 21 will only receive a portion of the specified minimum wage. The percentage that he/she receives will depend upon his/her age and his/her experience level.