Healey Lifts Minimum Wage 4% but Limits Under-21 Hike
The government is set to introduce a 4% minimum wage increase while slowing the rate of wage growth for workers under the age of 21. Hospitality operators face rising overall payroll costs but may find short-term labor relief when staffing younger entry-level workers.
Key Takeaways
- 1Standard minimum wage will increase by 4%, impacting general hotel operational costs
- 2Pay rate increases for workers under the age of 21 will be implemented at a slower pace
- 3Employers may adjust entry-level staffing strategies to manage labor expense growth
Source: hotelowner.co.uk
Keep reading
Our reporting
More in hr

