Home » Legal developments » National legislation » United Kingdom: National Living Wage has failed to boost productivity but has reduced inequality United Kingdom: National Living Wage has failed to boost productivity but has reduced inequality The UK's Low Pay Commission has for the first time analysed the impact of the introduction of the National Living Wage, with the measure having achieved its initial target: to represent 60% of median earnings for those over the age of 25. According to the National Living Wage review, unveiled by the UK government on 18 June, one of the strengths of the NLW is that it has helped to close the gender and ethnicity pay gaps in the country. However, it has not generated the boost to productivity that the government had hoped for. Through . Published on 23 June 2022 Ă 13h23 - Update on 23 June 2022 Ă 13h23 Resources A surprise announcement back in 2015 (see article n°9180), the National Living Wage replaced the statutory minimum wage from 2016, leading to an immediate 7.5% increase in the minimum wage. At the time, companies feared mass redundancies (see article n°9540), especially as further pay rises were set to follow each year.… Need more info ? Contact mind's on-demand study service Which service do you want to contact :WritingCommercial serviceTechnical SupportFirst name Last name Organization Function email* Object of the message Your messageRGPD J’accepte la politique de confidentialitĂ©.PhoneThis field is for validation purposes and should be left unchanged. Essentials Les dernières publications Supporting parenthood in the workplace: a win-win strategy Supporting employee carers: a CSR challenge Analyzes Les dernières publications Paternity leave: data observations from 41 countries EU: during H1 2022 five EU Member States have raised their minimum salary levels
