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Adult minimum wage to rise by 19p per hour

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"The minimum wage is to increase by 3% from October, the first time in six years the rise will be higher than inflation..."
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Adult minimum wage to rise by 19p per hour

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Adult minimum wage to rise by 19p per hour

Click reply below to discuss. If you haven’t already, join the forum to reply. If you aren’t sure how it all works, read our New to Forum? Intro Guide.
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Totally agree.
Should have been a hell of a lot more. And across the board. At least a £1 more.
At least MY Boss will be happy; they won't have to give me a pay rise!
That's the problem isn't it?
When on a slight differential nmw increases catch up and bosses don't have to restore the differential. Happens to my Mrs.
Those that say employers should pay alot more forget that companies will have to still make the profit so cost of goods will go up and chances are companies will restructure costing jobs. The governments creating benefits to compensate has also helped caused the problem because again it makes people comfortable in the jobs they have and stops people striving for better paid jobs because once the benefits are readjusted it makes no difference.
The horse has bolted as they say.
That the UK has so many adults with fewer valuable skills than a 20 year old student must surely be at least part of the problem?
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.
National Minimum Wage isn;t the problem. The introduction of Tax Credits though probably did lead to this situation. The minimum wage would have prevented some unscrupulous employers from paying a really low wage (well, the ones that did not wish to break the law anyway).
However, Tax Credits have resulted in many companies thinking that the government will compensate employees, for their paying a low wage. Therefore they palmed off the responsibility for paying employees a reasonable wage, knowing the government will make up the shortfall. Governments should not be responsible for this - employers should.
And like you say, it can discourage employees from moving to better paid work with more responsibilities, or working extra hours for extra pay.
I work with several small businesses, and tax credits/ state benefits do not come into the conversation when wages are being reviewed. All the employers ask is what is the minimum we can pay to recruit/ retain the staff we need? The answer is minimum wage, and would be lower if NMW did not exist. If workers want higher wages they should improve their skills set accordingly.