TRAP_March2016.qxp_The Retail Appointment 25/02/2016 14:21 Page 6
WORKPLACE PROGRESSION
Revealed: The truth behin
In the last edition of The Retail Appointment we revealed that we have been
surveying the UK retail sector to deduce exactly what the workforce would like
to see their employers spend per head on benefits. We concluded by revealing
that we would also discover what percentage of the UK retail sector enjoyed the
pleasure of having a pay rise over the course of the past 12 months. Well, the
results are in.
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WITH THE RETAIL AND HOSPITALITY SECTORS
ACCOUNTING FOR TWO-THIRDS OF WORKERS
ON THE MINIMUM WAGE, IT IS VITAL THAT THIS
HIGHER MINIMUM WAGE DOES NOT RESULT IN
LEAVING THOUSANDS OF WORKERS STUCK
FOR YEARS ON THE LOWEST POSSIBLE PAY.
THE REGULATORY POLICY COMMITTEE HAS
ALREADY ESTIMATED THE CHANGE WILL
COST COMPANIES £804.4M IN EXTRA WAGES
AND STAFF COSTS SO THERE IS, SADLY,
HARDLY ANY SURPRISE THAT LESS PEOPLE
ARE EXPERIENCING PAY RISES.
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March 2016