THE RETAIL BULLETIN - The home of retail news
HOME
RETAIL NEWS
RETAIL EVENTS
Fashion
Department Stores
Shopping Centres & Retail Parks
Home & DIY
Electricals
Health & Beauty
General Merchandise
Entertainment
Sports & Leisure
Retail Solutions
Food & Drink
RETAIL INSIGHTS
RETAIL SOLUTIONS
ABOUT US
CONTACT US
SUBSCRIBE FOR FREE
ACS calls for freeze in national minimum wage

The Association of Convenience Stores has urged the Low Pay Commission to freeze the national minimum wage in 2014 to help ease the impact of higher employment costs on small retailers.

GENERAL MERCHANDISE

ACS calls for freeze in national minimum wage

The ACS Minimum Wage Survey, conducted in partnership with the Scottish Grocers Federation, showed that 87% of retailers have reduced staff hours within their business as a result of increases in employment costs, while 75% have delayed expansion and investment plans.

Findings from the Voice of Local Shops survey of 1,100 retailers earlier this year revealed that the majority of independent retailers believe that they earn less than the national minimum wage when their working hours are taken into account. 

ACS chief executive James Lowman said: “We urge the Low Pay Commission to consider carefully the implications that a rise in minimum wage would have on thousands of hard working retailers who are already cutting staff hours to stay afloat. A freeze in 2014 would give small business owners a welcome reprieve and allow them to invest in their long term future.”

The ACS National Minimum Wage Survey collected information from 33 businesses with a total of 911 stores across the convenience sector representing a total of 13,923 employees. The Low Pay Commission will make its recommendation for the 2014 wage rates at the start of next year. 

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

RETAIL EVENTS

Retail Human Resources Summit
Retail Human Resources Summit
Wednesday 3 October 2018
The Cavendish Conference Centre, London W1
The 10th HR Summit 2018, The Cavendish Conference Centre, London W1, 3rd October 2018
The Retail Design Summit 2018
The Retail Design Summit 2018
14 November 2018
The Cavendish Conference Centre
The Retail Design Summit 2018
Omnichannel Futures Conference 2019
Omnichannel Futures Conference 2019
6 February 2019
Cavendish Conference Centre, London WG1 9DT
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy
Customer Engagement Conference 2019
Customer Engagement Conference 2019
5 June 2019
Cavendish Conference Centre, London W1
The 10th Annual Retail Customer Engagement Summit
National Minimum Wage Breakfast Briefing
National Minimum Wage Breakfast Briefing
20 September 2018
6th Floor 1, St. Martin's Le Grand London, EC1A 4AS
National Minimum Wage Breakfast Briefing