Retail staff costs soar 10% amid national insurance and wage hikes
The cost of employing staff in entry-level roles has jumped by more than 10% for retailers across the country, with part-time staff experiencing a 13% increase, according to the British Retail Consortium (BRC).
These rises come in the wake of today’s National Insurance contributions (NICs) hike and last week’s increase in the National Living Wage.
The changes are set to cost the retail sector over £5bn a year, a figure that is expected to rise to £7bn with the introductio