The Conservatives said if they were elected to power they will cancel the one per cent increase in employers' contributions, claiming it will leave seven out of ten workers better off.
Kevin Green, the chief executive of the REC, said the proposed rise will lead to a reduction in the number of staff taken on by UK firms, as their costs will increase for each additional worker.
'We welcome the attempts by the Conservative Party to cancel this rise for lower earners. We call on all political parties to actively look for incentives to get people into work, rather than putting up barriers to raising employment levels,' he commented.
Shadow chancellor George Osborne said the increase in employers' national insurance contributions will hold back the UK's recovery from the economic downturn and prevent new jobs from being created.
He also claimed that people earning between £7,100 and £45,400 a year will be up to £150 a year better off under his party's proposals.
Kevin Green, the chief executive of the REC, said the proposed rise will lead to a reduction in the number of staff taken on by UK firms, as their costs will increase for each additional worker.
'We welcome the attempts by the Conservative Party to cancel this rise for lower earners. We call on all political parties to actively look for incentives to get people into work, rather than putting up barriers to raising employment levels,' he commented.
Shadow chancellor George Osborne said the increase in employers' national insurance contributions will hold back the UK's recovery from the economic downturn and prevent new jobs from being created.
He also claimed that people earning between £7,100 and £45,400 a year will be up to £150 a year better off under his party's proposals.
