"Most businesses are making decisions to cut hours as they try to stay viable. We all want our staff to have a good standard of living but they have issues with housing, healthcare, childcare and energy costs, and we can't keep forcing those costs back on businesses. "We are now going from the best little country in the world to do business to the most expensive country in the world to do business... People have to start reading the tea leaves."
The findings, released in the British Journal of Industrial Relations on Monday, suggest that, since 2004, the Office for National Statistics (ONS) had failed to properly account for the fact that it received more data from larger employers, when it reported its annual survey of hours and earnings (Ashe). It meant the survey gave undue weighting to large businesses, where pay was higher and the difference in pay between men and women was generally smaller.
The ultra-luxurious Santa Monica Proper hotel has been accused of failing to pay its employees minimum wage and, in some cases, paying them less per hour than it charges guests for a bowl of hummus.
That's why it's called the MINIMUM wage. If jobs are difficult or require experience, then they get paid more than that. They make it sound like these employees will suddenly be living in the lap of luxury at $31,200 a year. If your rent is $1,000 (the national average is $1,700), that leaves you with only $19,000 to live on for the whole year before taxes. That doesn't count food, cars, clothes, insurance, phones, etc....
"We understand the Government's objective of fair pay, but you can only have fair pay if you have a job that actually pays," Nicholls said. "Now is not the time to make big jumps in employment costs."
I honestly don't believe that companies and small businesses should be deterred from employing people. The national insurance rise was one that could have been held back, particularly given the state of the economy.
The primarily online maternity fashion brand, Seraphine, going into administration is a reminder that it's not just high street retailers struggling with higher staffing costs due to the Government's tax and employment policies.
Missouri Governor Mike Kehoe signed a repeal of a law guaranteeing paid sick leave and inflationary adjustments to the minimum wage, signaling a victory for business groups and a setback for workers' rights advocates.
As of July 1, 2025, several Bay Area cities will see significant minimum wage increases, with San Francisco’s rising to $19.18 and Sonoma County’s reaching $23.15.
Adams criticized Cuomo's inconsistency, noting that his current campaign promises contrast starkly with actions taken during his governorship, particularly regarding economic policies and public safety.
Vulnerable beneficiaries are being left without essential support as charities across the UK are forced to scale back services or halt expansion plans due to surging operational costs.