Page 9 - P4403.59-V46_Numark Magazine Feb 24- (1)

MINIMUM
MINIMUM

G
WAGE
WA E

So, what will the latest proposals mean

for an average contractor?

The cost is relative to the number of staff, and we have tabulated the expected
impact if a member was to maintain pay differentials in their business. We have
also calculated with on-cost of 25%.

Number of Hourly rate Annualised cost impact
staff impact (Based on full time equivalent)

1 £1.02 £2486
2 £2.04 £4,972

4 £4.08 £9,944
6 £6.12 £14,916
8 £8.16 £19,888

10 £10.20 £24,860

The labour costs increases are making investment into support staff to realise
the potential of expansions to the contract such as pharmacy first in England
untenable. So, this month we are exploring different ways in which members are
seeking to increase efficiency to support realising service growth opportunities
and the increasing volumes of items dispensed.

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