Remember when humans used to do this job? (Picture: AFP/Getty Images) Minimum wage rises may lead businesses to replace more human workers with machines, a major think tank has warned.
The Institute for Fiscal Studies (IFS) warned in a new report that bosses are increasingly looking to automate their businesses, and could just replace people with machines instead of paying them more.
For employees aged 25 and over, the minimum wage is currently £7.50 and will rise further to £7.83 in April.The rate is planned to reach 60% of median wages in 2020 – which, under current forecasts of wage growth, […]
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