THE RETAIL BULLETIN - The home of retail news
Lest we forget
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
Interviews
RETAIL INSIGHTS
RETAIL SOLUTIONS
ABOUT US
CONTACT US
SUBSCRIBE FOR FREE
BRC says minimum wage rise will stifle job creation

The increase in the National Minimum Wage which came into effect today will stifle job creation in the retail industry claims the British Retail Consortium.

GENERAL MERCHANDISE

BRC says minimum wage rise will stifle job creation

The increase in the National Minimum Wage which came into effect today will stifle job creation in the retail industry claims the British Retail Consortium.

The BRC says the 2.5% rise which takes the adult minimum wage up from £5.93 an hour to £6.08 is disproportionate and makes it more difficult  for retailers to maintain and create jobs in the current economic conditions.
 
The organisation has urged the  Low Pay Commission to recommend a lower rise of 2.1%  next year to ensure the minimum wage does not add to the pressures on the sector. 

It also called for businesses to be given more notice of any changes to the minimum wage to help firms manage their budgets. Currently, businesses are told about the changes six months in advance.

BRC director general, Stephen Robertson, said: "Retail employs nearly three million people and a third of our staff are 25 or younger. Retailers are offering young people their first step on the career ladder and backing that up with training and development opportunities. In support of those efforts we are asking that next year's minimum wage rise is kept at 2.1% or below."


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

The Retail Design Seminar 2018
The Retail Design Seminar 2018
14 November 2018
The Cavendish Conference Centre
The Retail Design Seminar 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
AI in Retail Conference 2019
AI in Retail Conference 2019
18 September 2019
Cavendish Conference Center, 22 Duchess Mews, London W1G 9DT
Retail marketing is changing pace rapidly by making communication across all platforms personalised, relevant, efficient, and helpful. AI not only helps shoppers find a perfect product but also pre-empts the shopping behaviour and speeds up payment.
The HR Summit 2019
The HR Summit 2019
Tuesday 8 October 2019
The Cavendish Conference Centre, London W1
The 11th HR Summit 2019, The Cavendish Conference Centre, London W1, 8 October 2019