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Report published into the Manx Living Wage

Monday, 20 July 2020

The third Isle of Man Government Living Wage report is published today. 

The report, which can be accessed here, calculates the figure as £10.19 an hour and includes the full methodology behind reaching that figure. 

The rate reflects a weekly wage, before tax, of £386 and an annual salary of £20,083. 

The Manx Living Wage is a voluntary rate of pay that companies can choose to adopt to demonstrate their position as responsible employers, whereas the minimum wage is legally enforceable. 

At £10.19 an hour, the Manx living wage 2020 is £1.94 an hour more than the Island’s current minimum wage of £8.25 for over 18s and compares with £9.30 for the UK living wage. This would amount to an annual increase of £3,824 for a full-time employee in the Island who moved from the minimum wage to the living wage.

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