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Tender Details
- Country: United Kingdom
- Summary: Low Pay Commission Call for For Research on the Impacts of Changes to the National Minimum Wage, Including the National Living Wage, on Household Incomes
- GBT Ref No: 112925110
- Deadline: 10 Feb 2025
- Competition: ICB
- Financier: Self Financed
- Purchaser Ownership: Public
- Tender Value: 50000
- Notice Type: Tender
- Document Ref. No.: LPC2024/02
- Purchaser's Detail :
- Description :
- The Low Pay Commission (LPC) invites tenders from researchers to identify and assess the impacts of changes to the National Minimum Wage, including the National Living Wage, on household incomes.
This project aims to further our understanding of the link between the NMW/NLW and living standards for households. It should also provide us with the capability of taking the project forward in future years.
The project should quantify how possible future changes in the NMW and NLW will affect the distribution of household income, having accounted for the position of NLW and NMW recipients in the income distribution, the importance of earnings from the NMW and NLW to those households, and the way that the tax and benefit system responds mechanically to increases in earnings of NMW and NLW recipients.
It should also enable the Low Pay Commission to conduct these analyses in future years. The LPC need to know how a given headline increase in the NMW/NLW affects household incomes. But the link between a headline increase in the NMW/NLW and the disposable income of the households containing NMW/NLW workers is complicated. As previous work has highlighted, the impact of an increase in the NMW/NLW on the income distribution depends on a) where NMW/NLW workers are in the household income distribution b) the importance of earnings from NMW/NLW to these households and c) the way that the tax and benefit system mechanically responds to a higher NMW/NLW (i.e. the marginal ... - Documents :
Purchaser : LOW PAY COMMISSION
GROUND FLOOR, 10 SOUTH COLONNADE LONDON E14 4PU England
Contact Person : Tim Butcher
Email :tim.butcher@lowpay.gov.uk
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