HRreview Header

New minimum wage could mean fewer pay rises

-

Pay rises may not match increasingly giddy expectations for this  year
Pay rises may not match increasingly giddy expectations for this year

Politicians must act to make sure a higher minimum wage does not leave thousands stuck for years on the lowest possible pay, a leading think tank is claiming.

In cities like Sheffield and Hull almost a third of workers can expect higher wages, the Resolution Foundation claims, but it fears that “one wage towns” could develop where employers cope with higher salaries for their most junior staff by failing to put up pay for more experienced workers.

Resolution 

The Office for Budget Responsibility has said the new policy could cost 60,000 jobs.The Resolution Foundation was mentioned by the Chancellor George Osborne when he announced the higher wage in the summer budget.

 

HRreview Logo

Get our essential daily HR news and updates.

This field is for validation purposes and should be left unchanged.
Weekday HR updates. Unsubscribe anytime.
This field is hidden when viewing the form
This field is hidden when viewing the form
Optin_date
This field is hidden when viewing the form

 

 

Rebecca joined the HRreview editorial team in January 2016. After graduating from the University of Sheffield Hallam in 2013 with a BA in English Literature, Rebecca has spent five years working in print and online journalism in Manchester and London. In the past she has been part of the editorial teams at Sleeper and Dezeen and has founded her own arts collective.

Latest news

Middle East air disruption leaves UK staff stranded as employers weigh pay and absence decisions

Employers face complex decisions on pay, leave and remote working as travel disruption leaves British staff stranded in the Middle East.

Govt launches gender pay gap and menopause action plans to help women ‘thrive at work’

Employers are encouraged to publish action plans to reduce pay disparities and support staff experiencing menopause under new government measures.

Call for stronger professional standards to rebuild trust in jobs

Professional bodies call for stronger standards and Chartered status to improve trust, accountability and consistency across roles.

Modulr partners with HiBob to streamline payroll payments

Partnership integrates payments automation into payroll workflows to reduce manual processing and improve pay day reliability.
- Advertisement -

Jake Young: Strong workplace connections are the foundation of good leadership

Effective leaders are, understandably, viewed as key to organisational success. Good leaders are felt to improve employee engagement, productivity and retention.

AI reshapes finance jobs as entry-level roles come under pressure

Employers prioritise digital skills over traditional accounting as AI reshapes finance roles and raises concerns over entry-level opportunities.

Must read

James Hall: Religious Dress in the Workplace

Religious dress at work is a subject that is...

Recruiting Brainwave

An individual's behavioural preferences are strongly predictive of future...
- Advertisement -

You might also likeRELATED
Recommended to you