According to the BBC and the Low Pay Commission, the Living Wage has not had the affect on employment levels that was feared. It is suggested that in some sectors employment levels have actually increased.
As with any survey, I wonder whether it has looked at and examined the other areas where this rise in cost has affected businesses?
Perhaps businesses have chosen to retain their employees, but paying the increase in wages will have had be paid for from somewhere.
For those businesses with sufficient profit margins, they may have chosen to absorb the additional cost and have it taken out of the profit margin.
For those operating on tight margins, it is likely that the increase in cost will be passed onto the end customer.
With the Living Wage due to increase again in April, along with the economic uncertainties from the Brexit fall out, it might be that the true impact of the increased wage bill for these businesses will not be known until next year.
Image copyrightREUTERS The National Living Wage has not affected employment, says the body that monitors low pay for the government. The Low Pay Commission said it had found "no clear evidence" of changes in employment or hours since the higher minimum wage was introduced in April.