Most employers happily embraced the increase to the National Minimum Wage (NMW), which came into effect in October 2004, according to research by Personnel Today’s sister publication, IRS Employment Review.
The survey of 129 HR and remuneration professionals shows that 94 per cent supported raising the hourly NMW to £4.85.
When asked what rate the NMW should be set at, employers were even more generous, with 44 per cent saying that it should be set at £5 an hour, while 25 per cent believe it should be set above £5.
Less than 2 per cent of those surveyed would prefer an NMW below £4.85.
www.irsemploymentreview.com, 020 8686 9141