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Two decades on: workers' pay is ‘withering away’
Young staff to miss out on new wages 20 years on from minimum wage
WORKERS’ pay has “withered on the vine” in comparison to corporate bosses, unions say today on the 20th anniversary of the minimum wage.
The minimum wage would now be £11.41 an hour if it had increased at the same rate as chief executive pay, the GMB analysis shows.
The findings come as around 1.8 million workers will receive a pay rise today as the national living wage increases by almost 5 per cent.
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