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Employers' views on the national minimum wage (1)

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Source: IRS Employment Review

Issue: 866

Date: 02/03/2007

Publisher: IRS

Employers' views on the national minimum wage (1)

TOPICS:

pay and benefits	pay levels and awards pay-related incentives/awards statutory rates and benefits
terms, conditions and employee rights	working time and leave
HR policy and strategy	business challenges
termination of employment	redundancy

SECTORS:
manufacturing (other)
public services
services (other)

AUTHOR: Sarah Dennis

Our survey finds widespread employer support for the NMW at its current level, despite evidence that it is becoming harder for employers to set minimum rates comfortably above the statutory pay floor.

Key points

There is overwhelming support for the latest increases to the NMW among the 150 respondents to our survey, with 87.3% stating that they agree with the uprating of the adult hourly rate to £5.35.

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