The Isle of Man Chamber of Commerce is calling on businesses to share their experiences as the government’s Minimum Wage Committee reviews the minimum wage rate for April 2027.

The Chamber is preparing a submission to the committee on behalf of the island’s business community and says it wants to ensure its response reflects the current realities facing employers.

During its previous minimum wage campaign in 2025, Chamber members raised concerns about a range of issues, including wage compression, recruitment and staffing pressures, and the impact of higher employment costs on businesses.

Particular concerns were highlighted in labour-intensive sectors such as hospitality, retail and care, where businesses can operate on tight margins.

Members also reported challenges around the affordability of entry-level jobs, young workers and apprenticeships, as well as the wider costs associated with employing staff, including National Insurance and pensions.

The Chamber is now asking businesses whether those pressures have increased, eased or changed since the previous consultation.

It is also seeking evidence of any positive effects arising from changes to the minimum wage, as well as any new issues that the Minimum Wage Committee should consider.

Businesses are being encouraged to provide practical examples and figures wherever possible. Information on changes to payroll costs, staffing levels, working hours, recruitment, prices, investment and pay differentials will help inform the Chamber’s submission.

The Chamber has launched a short member survey, which it says should take around three minutes to complete.

Businesses can take part online at www.surveymonkey.com/r/Minwage27.

The deadline for responses is September 15.

The Chamber said the feedback received will directly inform its submission to the Minimum Wage Committee, helping to ensure that the views and experiences of businesses across the Isle of Man are represented as the rate for 2027 is considered.