“This rise rightly takes into account both cost of living increases and the slow path of pay growth over the last decade or so. It will be a challenge for some employers to adapt but it should help make working in some sectors that are experiencing labour shortages, such as hospitality, care and retail, more attractive at a time when our data shows more than two million job postings in the UK. But pay is not the only thing workers require – flexible work that allows someone to manage their other life commitments is often top of the list for jobseekers. The NLW increase today should also serve as a reminder to employers to think about how they can offer a rounded package if they want to attract and retain talent in this market.”
REC response to the Chancellor’s announcement on National Living Wage
Commenting on the Chancellor’s announcement that the National Living Wage will rise, Kate Shoesmith, REC Deputy Chief Executive, said:
