Three-quarters of professionals would increase minimum wage

Over three-quarters of professionals and job-hunters believe that the minimum wage needs to be increased with over half setting it at £7.50-£8, showing that British workers just want a fair and liveable wage, new research has shown.

The survey, carried out by independent job-board CV-Library, also uncovered that Britain’s professionals and job-hunters were decidedly split over the value placed on happiness over wealth, with 49% saying they would consider taking a minimum wage job if it meant an increase in job satisfaction, while almost a quarter said they could not be persuaded to consider a minimum wage job, mentioning soaring housing prices and the cost of rent as just two reasons why they could not afford a decrease in pay.

Speaking exclusively to HR Grapevine, Lee Biggins, Managing Director of CV-Library, concluded that the research showed professionals and job-hunters were concerned by the uncertainty surrounding the upcoming election, but that the shift in employee values cannot go unnoticed.