Tuesday, 3 January 2017

Idea development and secondary research

Difference in pay between under 18 and over 21
this would be relevant to the target audience and easily researched I cold also interview business owner on the difference of minimum wage between age groups.

secondary research source - https://www.nidirect.gov.uk/articles/national-minimum-wage-and-living-wage
The current minimum wage rates are:
AgeMinimum rate
Over 25£7.20
21 to 24£6.95
18 to 20£5.55
Under 18£4.00


secondary research source - https://minimumwage.blog.gov.uk/2015/10/13/the-minimum-wage-for-younger-workers-why-is-the-level-different/
Education plays a critical role in enabling higher earnings and job security. The minimum wage has been designed to address exploitation in work, without encouraging young people to enter the labor market full-time who might otherwise stay at school or college.
Current NMW structureCurrent RateFuture NMW (from April 2016)
Adult rate (21+)£6.70National Living Wage (25+)£7.20
Adult rate (21-24)£6.70
Youth Development Rate (18-20)£5.30
16-17 Year Old Rate£3.87

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