The National Minimum Wage Act 1998 creates a minimum wage across the United Kingdom, currently £6.19 per hour for workers aged 21 years and older, £4.98 per hour for workers aged 18–20. It was a flagship policy of the Labour Party in the UK during its 1997 election campaign and is still pronounced today in Labour Party circulars as an outstanding gain for ‘at least 1.5 million people’. The national minimum wage (NMW) took effect on 1 April 1999.
Read more about National Minimum Wage Act 1998: Background, Overview, Law, Statistics, Perspectives, Current and Past Rates
Famous quotes containing the words national, minimum, wage and/or act:
“The principle of all sovereignty resides essentially in the nation.”
—French National Assembly. Declaration of the Rights of Man (Sept. 1791)
“There are ... two minimum conditions necessary and sufficient for the existence of a legal system. On the one hand those rules of behavior which are valid according to the system’s ultimate criteria of validity must be generally obeyed, and on the other hand, its rules of recognition specifying the criteria of legal validity and its rules of change and adjudication must be effectively accepted as common public standards of official behavior by its officials.”
—H.L.A. (Herbert Lionel Adolphus)
“By bourgeoisie is meant the class of modern capitalists, owners of the means of social production and employers of wage labor. By proletariat, the class of modern wage laborers who, having no means of production of their own, are reduced to selling their labor power in order to live.”
—Friedrich Engels (1820–1895)
“We aim above the mark, to hit the mark. Every act hath some falsehood of exaggeration in it.”
—Ralph Waldo Emerson (1803–1882)