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Survey: How is the national living wage impacting on your business?

25 Apr 2019

Help to highlight the impact that wage increases are having on the sector
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15 Apr 2019

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12 Apr 2019

A further two webinars are taking place in April to provide businesses with the support needed to transition into the new Making Tax Digital scheme
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8 Apr 2019

A third of traffic and orders for large online fashion retail brands comes from mobile search and social. What can indie retail learn from this?
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8 Apr 2019

Technology may be the key to competing with the larger brands, like Amazon
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Stationery Show London 2019

8 Apr 2019

Get ready for this year's Stationery Show London
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Changes to Wage Rates, Tax Rules and Business Rates

8 Apr 2019

Changes to wage rates, tax rules and business rates from the 1st of April
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Survey: How is the national living wage impacting on your business?

Posted on in Business News, Cycles News, Polls & Results

Increases to the National Living Wage has detrimental impacts on the UK's low-wage sectors, including retail, accommodation, food and administrative services.

ACS voice of local shops The 2018 National Living Wage survey, representing more than 3,000 stores, found that the latest increase in the National Living Wage had dire impacts. 75% of retailers reduced the number of staff hours in their business, 60% increased the number of hours they had to work to cover staff shortages, 39% had to reduce the number of staff employed in their business and 77% believe that the rate should not rise any higher than the rate of inflation.

The current National Living Wage rate is £8.21 for employees aged 25 and over, with a target to reach 60% of median wage earnings (£8.67) by 2020.

The Association of Convenience Stores (ACS) is calling on retailers to respond to the National Living Wage Survey 2019.

The survey will not only help inform the ACS' submission to the Low Pay Commission's consultation on wage rates to apply in 2020/21 and the future path for the National Living Wage beyond 2020.

The results will also enable independent retail associations to highlight the impact the wage increases are having on the sector, such as delayed investment, reducing staff hours and changing pay structures directly from the evidence provided by retailers.

The survey can be completed via the link below. Responses must be submitted by the 3rd of May.

Take the survey

Thank you. 

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