Minimum Wage increases proposed to Tynwald

Fri, 27 Jan 2023

Proposals to increase the rates of minimum wage in the Isle of Man will go before Tynwald for consideration at the February sitting.

The proposed new rates comprise an increase to the headline minimum wage rate from £9.50 to £10.75 per hour, representing an increase of £1.25 per hour. The rates for those aged 16-17 will be increased from £6.80 to £8.05, with the Development Worker rate being abolished.

Subject to Tynwald approval, the proposed new rates will come into effect from 1st April 2023.

 

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