British business chiefs urge minimum wage freezeA top British business leaders' network said Monday it was calling for the national minimum wage not to be increased in 2009 due to the faltering state of the economy. The British Chambers of Commerce (BCC (Blind Carbon Copy) The field in an e-mail header that names additional recipients for the message. It is similar to carbon copy (cc), but the names do not appear in the recipient's message. Not all e-mail systems support the bcc feature. See fcc. ) has written to the Low Pay Commission public body -- which advises the government on the rate -- saying it should remain at current levels until economic conditions had significantly improved. The minimum wage stands at 5.73 pounds (8.42 dollars, 5.95 euros) an hour for adults, 4.77 pounds for 18- to 21-year-olds and 3.53 pounds for 16- and 17-year-olds. An increase in 2009 in line with the 2008 rise introduced in October would cost businesses 300 million pounds, said the BCC, the national body for a powerful and influential network of accredited accredited recognition by an appropriate authority that the performance of a particular institution has satisfied a prestated set of criteria. accredited herds cattle herds which have achieved a low level of reactors to, e.g. chambers of commerce. As Britain slides into recession, many hard-pressed firms would be unable to afford such a rise, the BCC said. "We're not opposed to the minimum wage going up when employment is high and the economy is doing well," said BCC director general David Frost For other persons named David Frost, see David Frost (disambiguation). Sir David Paradine Frost, KBE (born 7 April 1939) is an English television presenter, famed as both a pioneer of TV satire and for a series of legendary political interviews. . "But when jobs are being lost daily and a recession is in full swing, it makes no sense to increase it. "Most businesses are prioritising survival at the moment. A rise in minimum wage would not help firms hold onto staff and would simply add to unemployment." The BCC is forecasting that three million people will be out of work by 2010. The number of people claiming jobless job·less adj. 1. Having no job. 2. Of or relating to those who have no jobs. n. (used with a pl. verb) Unemployed people considered as a group. Used with the. benefits in Britain leapt in November by the biggest monthly amount for more than 17 years, official data showed, soaring by 75,700 from October to 1.07 million people. Meanwhile, the Chartered Institute of Personnel and Development The Chartered Institute of Personnel and Development (CIPD) is the leading professional body for those involved in the field of personnel, training and development. Membership of the CIPD is highly respected and widely accepted by employers as a requirement of practice. (CIPD CIPD Chartered Institute of Personnel and Development (UK) CIPD Conferencia Internacional sobre la Población y el Desarrollo (Mexico) CIPD Center for Innovation in Product Development ) warned that 2009 could be the worst year for jobs in two decades, with 600,000 workers facing redundancy and others having their pay frozen. The employment organisation, which represents managers and personnel staff said that the period between New Year and Easter would be the worst for redundancies since 1991. The next 12 months "will be the worst year for jobs in almost two decades," said CIPD chief economist The Chief Economist is a single position job class having primary responsibility for the development, coordination, and production of economic and financial analysis. It is distinguished from the other economist positions by the broader scope of responsibility encompassing the John Philpott John Philpott (b. 3 April 1949, Kent, England) is a British actor. John is best known to American audiences for his role as Courage in The Bugaloos (1970). He is no longer acting, but as of 2006 is still working as a rock musician. . "The CIPD's annual barometer forecast is that the UK economy will shed at least 600,000 jobs in 2009. "Assuming the economy bottoms out in the second half of 2009, job losses are likely to continue into 2010, in all probability taking the final toll of lost jobs to around one million. "Our current expectation, based on available survey evidence and employer soundings, is that the number of redundancies will jump sharply in the early months of 2009, once employers take stock of the economic outlook."
|
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion