Forum responds to the Low Pay Commission announcement on the National Minimum Wage
In response to today’s announcement that the National Minimum Wage will rise by 19p to £6.50, Phil Orford, chief executive of the Forum of Private Business, said: “Striking a balance between employee demands and employer needs is a tricky one but we think the Low Pay Commission struck a fair balance.
“We are pleased the Government has followed their proposed increase rather than raising the NMW much more dramatically. In the context of many rising costs for business, it was important that wages do not become an overbearing burden as business seek to invest and grow in the current, improved economic climate. Everyone will benefit from this ability further down the line.”
