10 January 2025
The public are invited to participate in a consultation on proposed increases to the minimum wage for the period 2025/26 to 2027/28.
Consultation Opportunities:
- Public Meeting: A public meeting will be held on Thursday, 16 January 2025 at 19:00 at the Museum in Jamestown.
- Stall at the Canister: A consultation stall will be set up outside the Canister on Thursday, 16 January and Friday, 17 January 2025 from 12:00 PM to 14:00
- Contact Head of Strategic Policy, Ann Muir at the Castle on 22470 for a one to one session
Detailed figures for each option are available below:
| Trajectories | ||||||
| Option 1 | Option 2 | Option 3 | ||||
| Hourly | Annual | Hourly | Annual | Hourly | Annual | |
| 2025/26 | £4.33 | £8,443.50 | £4.50 | £8,775.00 | £4.50 | £8,775.00 |
| 2026/27 | £4.66 | £9,087.00 | £5.00 | £9,750.00 | £5.20 | £10,140.00 |
| 2027/28 | £5.00 | £9,750.00 | £5.50 | £10,725.00 | £6.00 | £11,700.00 |
SHG
10 January 2025