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AUTHOR: Rachel Sharp
It is nearly a decade since the national minimum wage was introduced. IRS has carried out a survey to gauge employers' views of the minimum wage and its impact on their businesses.
On this page: Current levels of the minimum wage Current minimum rates of pay Minimum rates for adult workers Chart 1: Minimum adult hourly pay rates, 1 October 2008 Minimum rates for 18- to 21-year-olds Chart 2: Minimum hourly rates paid to 18- to 21-year-olds Minimum rates for 16- and 17-year olds Chart 3: Minimum hourly rates paid to 16- and 17-year-olds Apprentice pay Response to the 2008 uprating Support for the current rates of the national minimum wage What should the current national minimum wage rates be? What factors should affect national minimum wage rates? Experience of the national minimum wage Chart 4: Employers' experience of the national minimum wage Differentials are still the main issue Employer image Chart 5: The impact of the national minimum wage Performance pay Is the national minimum wage increase seen as a benchmark? Little impact on the bottom line Minimum burden on payroll administration Overall impact of the national minimum wage Setting future national minimum wage rates Our research Table 1: National minimum wage rates since its introduction Table 2: Direct responses to the October 2008 national minimum wage uprating Additional resources on XpertHR.
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