NMW Rise Survey

The National Minimum Wage rises on the 1st April 2022.

The Equestrian Employers Association (EEA) is investigating how these new rates will affect employers and their businesses.

The data will be used to collectively voice these concerns, and also helps us to understand how we can directly support employers through these challenges.

We value your input and all responses are confidential.

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* 1. Are you aware of the up-coming rise of the National Minimum Wage (NMW) in April 2022?

Yes

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* 2. Are you concerned about the effect the NMW increase will have on your business?

Yes

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* 3. How many staff do you employ full or part time?

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* 4. How many of these staff are currently paid the NMW rate? (I.e. they are not paid higher than it).

None of the above

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* 5. If you have staff who are paid at the NMW rate, have you calculated the total cost to your business of the rise on 1st April 2022?

Yes

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* 6. If you are unsure, here is how to do the maths:

Firstly, check the NMW rate for the age of the employee. Don't forget to check the age of the employee on their next birthday as this may result in a change to the NMW banding.

The calculation
Employee’s weekly hours x NMW rate = weekly rate
Weekly rate x 52 weeks per year = annual salary
Annual salary/12 = monthly salary

What is the difference between the current cost of your total annual salary bill, and the cost of it following the rise in the NMW?

No increase for my business

Under £1,000

£1,001 - £3,000

£3,001 - £5,000

£5,001 - £7,000

£7,001 - £10,000

Over £10,000

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* 7. How will the cost increase affect your business? (please select all that apply)

There will be no affect

There will be changes to, or loss of staff

Lead to an increased cost to my clients

I will need to change or reduce my service offering

My business may no longer be financially viable

Impact the mental wellbeing of myself and my staff

Horse welfare concerns

Other (please specify)

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* 8. What changes will you need to consider making to enable your business to cope with the increased cost? (Please select all which apply)

Shorter working hours or different working patterns for staff

A re-organisation of duties, tasks & how we do things

A review or reduction of benefits offered to my staff

Increased costs for clients

Reduction of services to clients

Diversification of services

Review of our supplier contracts

My business may no longer be viable

Other (please specify)

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* 9. The plan is that the Government will raise the NMW over the next two years to £10.50 per hour. Will your business be able to cope with this increase?

Yes

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* 10. To help us to ensure we are getting important information out to the right places, please could you let us know what Social Media platform you use. (You can select more than one)

Facebook

Instagram

I don't use social media

NMW Rise Survey

Question Title

* 1. Are you aware of the up-coming rise of the National Minimum Wage (NMW) in April 2022?

Question Title

* 2. Are you concerned about the effect the NMW increase will have on your business?

Question Title

* 3. How many staff do you employ full or part time?

Question Title

* 4. How many of these staff are currently paid the NMW rate? (I.e. they are not paid higher than it).

Question Title

* 5. If you have staff who are paid at the NMW rate, have you calculated the total cost to your business of the rise on 1st April 2022?

Question Title

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* 7. How will the cost increase affect your business? (please select all that apply)

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* 8. What changes will you need to consider making to enable your business to cope with the increased cost? (Please select all which apply)

Question Title

* 9. The plan is that the Government will raise the NMW over the next two years to £10.50 per hour. Will your business be able to cope with this increase?

Question Title

* 10. To help us to ensure we are getting important information out to the right places, please could you let us know what Social Media platform you use. (You can select more than one)

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* 11. Is there anything else you wish to share with us in relation to the rise in NMW?