Tynwald will be asked to approve increases to the minimum wage when it sits next month.
Both the Department for Enterprise and Treasury, want to increase wages from £11.45 to £12.25 per hour from 1 April 2025.
With a further increase to £13.05 per hour from 1 October 2025
There is also a proposal for the youth rate to increase from £8.75 to £9.55 from 1 April 2025, and up to £10.35 per hour from 1 October 2025.