Commenting on the National Minimum Wage increase – which is now in force as of yesterday – Caroline Williams, Chief Executive of Norfolk Chamber said:
“The changes to the National Minimum Wage, coupled with the introduction of the National Living Wage, will leave businesses with a large increase in wage bills to adapt to over the coming months.”
“Making ends meet is clearly an issue of huge concern to many in Britain today. And we applaud all of those businesses that pay, or aspire to pay, their staff above the Living Wage. That includes a huge majority of Chamber of Commerce members, with 61% paying all staff at or above the Living Wage, and a further 20% paying most staff above the Living Wage rate.”
“It is important for politicians to recognise that the UK economy is still fragile and to heed the Low Pay Commission’s considered recommendations for future wage rates, if they are to reassure businesses who may be looking at their recruitment plans for the year ahead.”
