Policy Voice

The call for better data and independent expertise is urgent.

The Chamber noted back in July that changes to the minimum wage calculation methodology were imminent. The now-confirmed 9.9% increase represents one of the largest adjustments in recent years.

Isle of Man Chamber of Commerce wants Tynwald to back proposals in a Department for Enterprise report which would change how minimum and living wage rates are calculated.

The Isle of Man Chamber of Commerce welcomes the recently published review by the Department for Enterprise and Treasury on the methodology used to set minimum and living wage rates.