FSB supports minimum wage

23-07-2008

FSB supports minimum wage
The minimum wage is supported by the Federation of Small Businesses (FSB), as the organisation has stated that it means employers must pay their employees fairly.

In fact, according to Simon Briault, spokesperson for the FSB, many small businesses already pay over and above the minimum wage as set by the government.

"We, as an organisation, are in favour of the minimum wage, because it basically means that the minority of dishonest employers are not able to undercut the vast majority, who pay fairly," he remarked.

Furthermore, Mr Briault described the government's decision to keep minimum wage increases in line with inflation over recent years as "sensible" and this has also pleased a number of firms.

The rising cost of fuel is more likely to impact upon the profits of small businesses in the current environment, he concluded.

From October 2008, the minimum wage will rise to £5.73 per hour for workers aged over 22, while those aged 18 to 21 can expect to earn at least £4.77 an hour.

Related categories: HR / Recruitment.


Bookmark with:
Bookmark with: Digg Digg Bookmark with: Del.icio.us Delicious Bookmark with: Reddit Reddit Bookmark with: StumbleUpon StumbleUpon Bookmark with: Google Google Bookmark with: Technorati Technorati Bookmark with: Netvouz Netvouz

See also:

Latest News:

Search News
News Front Page
Accountancy / Tax
Advertising / PR
Armed Forces
Automotive
Aviation / Aerospace
Banking / Finance
Charities / Voluntary
Childcare / Youth
Construction / Property
Customer Services
Education / Training / Teaching
Emergency Services
Engineering / Electronics
Entertainment / TV / Theatre
Graduate Roles
HR / Recruitment
Health / Beauty
Hotel / Catering / Restaurants
IT / Internet
Insurance / Pensions
International / Overseas
Legal
Management / Business
Manufacturing / Industry
Media / New Media / Creative
Medical / Healthcare
Pharmaceutical Industry
Public Sector
Retail / Wholesale
Sales / Purchasing / Marketing
Science / Technology
Secretarial / PA / Admin
Skilled / Semi-skilled Manual
Telecommunications
Transport / Logistics
Travel / Tourism / Leisure