Conservatives Looking At Ways To Increase Minimum Wage Payments

Soon the Conservative Party is expected to propose new ways which will lead to an increase of the minimum wage.

Sources that provided this information to BBC Newsnight, claim that the party was trying numerous different methods which would ensure people better wages.

One of the things which most probably be proposed is that companies paying their workers more than the minimum wage gain the possibility to pay lower taxes.

However, the Low Pay Commission insists on harsh and immediate actions. It demands an increase in the minimum wage as soon as possible and does not agree with the idea of lower taxes for businesses.

The government did not in fact like the mentioned approach so it is almost sure it will not come to pass.

The minimum wage is now £6.19 an hour and it is expected to rise to £6.31 in October. In the mean time, you can review our employment documents.

At the same time there will be serious welfare cuts from this autumn so the government wants to be sure people will in fact have the means in order to take care of themselves.

Other resources appeared claiming that minimum wage would not be changed soon but will probably stay at the list of priorities for the next Conservative manifesto.

In the opinion of part of the Conservatives most business bosses would be against such a new policy.

On the other hand, the people who are pro the new policies on the minimum wage said they hoped these would start functioning as soon as possible.

Figures show that the number of people who worked for the minimum wage in 2012 is 1.4 million.

 

 

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