Profession is unmoved by pay floor increase

first_img Previous Article Next Article HR professionals are unconcerned by the rise in the minimum wage announcedby the Government last week.The 10 pence rise in the hourly rate from £3.60 to £3.70 will come intoforce from October. It is expected to mean a pay rise for 1.5 million people.The Government also announced a 20 pence increase in the rate payable forworkers aged 18 to 21 years.The uprating followed widespread speculation that Trade and IndustrySecretary Stephen Byers would announce a freeze until April 2001.The minimum wage was introduced last year amid fears it would lead to joblosses, particularly among retail and part-time staff.But employers said they were unsurprised by the uprating announcement.Mark Geary, HR director at Thistle Hotels, said the move would have littleimpact. “We had anticipated that there would be an increase and budgetedfor it accordingly,” he said.Director of HR at the Savoy Group Tim Gates said, “The increase willhave relatively little effect in London where rates tend to be driven by acompetitive labour market.”For smaller provincial operators the changes will inevitably be seenas an extra burden.”By Helen Rowe Related posts:No related photos. Profession is unmoved by pay floor increaseOn 22 Feb 2000 in Personnel Today Comments are closed. last_img read more