Labour market· Low pay· Minimum wage· Living Wage The evidence backing a higher minimum wage is growing 4 November 2019 by Nye Cominetti You wait for a minimum wage report and then three come along at once. This morning the Treasury published Arin Dube’s keenly awaited review of minimum wage policy in the UK. Dube backs the Chancellor’s ambitions to raise the rate to two-thirds of median hourly pay, but offers useful honesty about the risks involved, as … Continued READ MORE
Low pay· Pay· Inequality & poverty· Minimum wage A good year for pay? Five things we learned from the Annual Survey of Hours and Earnings 2019 29 October 2019 by Nye Cominetti This morning the ONS published the Annual Survey of Hours and Earnings (ASHE) for 2019 – the most detailed data on employee pay available, telling us about high and low pay, the gender pay gap, and more besides. As a think-tank focusing on raising living standards, this is pretty crucial data for us, and for … Continued READ MORE
Low pay· Pay· Minimum wage A rare political consensus has broken out over a higher minimum wage – but achieving it is far from straightforward 1 October 2019 by Torsten Bell The politics of the minimum wage don’t exactly fit our lazy stereotypes. Back in the pre-crisis days of supposed consensus, debates raged about whether the policy was right or wrong. Today, when political divides are huge, everyone is falling over themselves to agree that a higher minimum wage is the way to go. The Chancellor … Continued READ MORE
Jobs· Labour market· Job quality and security· Low pay· Pay· Minimum wage Is the minimum wage pushing people into self-employment? 29 July 2019 by Nye Cominetti Two big changes in the labour market over the past two decades have been the rise in self-employment and the introduction and uprating of the minimum wage. Is there a connection between these trends? Legally, of course, there is no connection – the minimum wage applies to employees only. But economically, we would expect one. … Continued READ MORE
Labour market· Low pay· Pay· Minimum wage· Living Wage Britain can afford an even higher minimum wage – but we need to tread carefully 30 May 2019 by Nye Cominetti Britain has long had a low pay problem. For most of the last two decades around one in five workers has been in low-paid work – earning less than two-thirds of the typical hourly pay – at any given time. This is a massive problem given how hard it can be to escape low pay. … Continued READ MORE
Labour market· Low pay· Pay· Minimum wage The minimum wage: now the only question is ‘how high?’ 30 March 2019 by Nye Cominetti This Monday, the 1st April, 2 million people working minimum-wage jobs will start the week with a pay rise. The National Living Wage (NLW), the rate that applies to 25+ year olds, will rise by 38p, from £7.83 to £8.21. We project that this will increase the number of people paid at the wage floor … Continued READ MORE
Labour market· Low pay· Pay· Minimum wage Minimum Wage 20th anniversary special Top of the Charts 29 March 2019 by Torsten Bell and Charlie McCurdy Afternoon all, It’s an historic day today. Lots of people were planning a party/wake. Big ones. But things have got derailed. No-one can agree on what to celebrate/mourn – or even when to celebrate/mourn it. There’s a serious danger no-one gets a party at all tonight. But don’t worry – TOTC is here to turn … Continued READ MORE
Labour market· Low pay· Pay· Minimum wage It’ll take more than a higher minimum wage to tackle Britain’s low pay problems 18 May 2018 by Conor D’Arcy As a certain wedding this weekend highlights, some things get more attention than they deserve. When it comes to the world of low pay, all the talk in recent years has been about the National Living Wage. Now of course, this new higher minimum wage for those aged 25 and over is a big deal, … Continued READ MORE
Labour market· Low pay· Pay· Minimum wage The national living wage has caused the biggest fall in low pay in 40 years – but how is this improving people’s living standards? 27 October 2017 by George Bangham Employment is at a 40-year high, while pay is stagnating. That, in brief, sums up the last few years of changes in Britain’s labour market. As Figure 1 shows, politicians rightly highlight that employment and unemployment are undeniably trending in the right direction. But the good news on employment has failed drastically to translate into … Continued READ MORE
Labour market· Low pay· Pay· Minimum wage What does the minimum wage battle in Seattle mean for the National Living Wage at home? 30 June 2017 by Conor D’Arcy The old joke goes that if you laid all the economists in the world end to end, you still wouldn’t reach a conclusion. A little unfair maybe, but for those keeping track of the argument around two recent – and conflicting – papers on the move to a $15 minimum wage in Seattle, it probably … Continued READ MORE
Labour market· Low pay· Pay· Minimum wage It’s no April Fools’ Day for those on the National Living Wage 1 April 2017 by Conor D’Arcy In a year in which fake news has been a recurring theme, every day has felt a bit like April Fools’ Day. When it comes to the National Living Wage (NLW) however, while there might be some trickery over its name – when is a living wage not a living wage? – there’s no confusion … Continued READ MORE
Labour market· Low pay· Pay· Minimum wage How did firms pay for the big pay rise in 2016? Through productivity and price rises, not job losses 20 December 2016 by Conor D’Arcy 2016 marked the introduction of a big, controversial new player on the political economy scene, whose influence is set to grow and grow over the next four years. No, this isn’t a blog about President-Elect Trump. For millions of low earners across the UK, another development has had an even bigger impact. The National Living … Continued READ MORE
Labour market· Pay· Minimum wage Backslide or double down – how should the Prime Minister handle the National Living Wage? 7 September 2016 by Conor D’Arcy Theresa May has only been in her new job for a couple of months but she’s already put her stamp on the government. The most obvious break from the previous administration has been the change of personnel. But while the previous Chancellor and his allies are no longer around the Cabinet table, it may be … Continued READ MORE
Labour market· Low pay· Pay· Minimum wage No jobs-killer as employers take a ‘suck it and see’ approach to the National Living Wage 11 July 2016 by Conor D’Arcy With all the economic and political tumult of the past couple of weeks, the launch of the National Living Wage (NLW) already feels a long time ago. But it’s only been three months since the government’s flagship labour market policy came into force. As with Brexit, we’ll need to wait before judging the full impact … Continued READ MORE
Labour market· Low pay· Pay· Minimum wage Low paid Britain is set for a parliament of pay rises – let’s make them a success 27 March 2016 by Daniel Tomlinson Budgets are always full of surprises and last year’s Summer Budget contained one of the biggest ever: the announcement of a National Living Wage (NLW). The NLW is the new compulsory wage floor for workers aged 25 and over, it will be introduced at £7.20 an hour this April and is projected to reach £9 … Continued READ MORE
Labour market· Pay· Minimum wage The National Living Wage will bring Britain’s need for stronger productivity growth into sharp focus 24 February 2016 by Conor D’Arcy After months of debate, analysis and more than a little terminological confusion, the introduction of the National Living Wage (NLW) is now just five weeks away. While this substantial lifting of the wage floor for the over-24s will come as a welcome boost for the 4.5 million low paid workers set to benefit initially (rising … Continued READ MORE
Low pay· Pay· Minimum wage New year, new challenges for Britain’s cities when it comes to low pay 4 January 2016 by Torsten Bell In three months’ time a decent chunk of working Britain will get a pay rise when the National Living Wage is introduced at the start of April. This higher minimum wage for the over-24s is a good thing given our far too high levels of low pay. It is also one of the biggest changes … Continued READ MORE
Low pay· Pay· Minimum wage· Scotland New year, new wage: implementing the National Living Wage in Scotland 4 January 2016 by Conor D’Arcy The first week back at work after the new year is no one’s favourite, with the brighter, better spring weather still a long way off. But this year, thousands of low-paid workers across Scotland have even more cause to be impatient for the end of winter. From April, thanks to the National Living Wage (NLW) … Continued READ MORE
Low pay· Pay· Minimum wage Clearing up the confusion around the National Living Wage 7 December 2015 by Adam Corlett The National Living Wage, the blockbuster announcement of the Summer Budget, is a hugely welcome move on low pay. But we’re now four months away from its introduction and, as a new government poll reveals, many businesses are not prepared for it. The awareness raising campaign launched today is a good start towards addressing that … Continued READ MORE
Labour market· Low pay· Pay· Minimum wage Lifting the wage floor increases the urgency for securing productivity gains 18 November 2015 by Matthew Whittaker The welcome introduction of a significantly higher wage floor from April 2016 is set to boost the pay of around 6 million workers. But it will pose adaptation challenges for employers, particularly in lower paying sectors such as retail and hospitality. A simple thought exercise implies that maintaining a broad adherence to the international relationship … Continued READ MORE
Labour market· Pay· Minimum wage The national living wage brings public sector complications 14 October 2015 by Conor D’Arcy Since its announcement at the summer Budget, the National Living Wage (NLW) has rarely been out of the headlines. We’ve heard employer warnings on its impacts as well as some firms going one better and bumping their staff up to the ‘real’ Living Wage. But what’s received less media attention is how the public sector … Continued READ MORE
Pay· Minimum wage· Living Wage We don’t want an economy where everything that is good is compulsory 10 October 2015 by David Willetts It is Living Wage week and Boris Johnson has said he wants employers across London to pay at a rate of £9.40 an hour, while businesses outside the capital are being asked to pay £8.25. That is not to be confused with the National Living Wage announced by George Osborne in the Summer, which will … Continued READ MORE
Jobs· Labour market· Low pay· Pay· Minimum wage The wage floor is rising, but what about the self-employed? 5 October 2015 by Laura Gardiner The lively debate around low pay – which has rocketed up the political agenda since the Chancellor unveiled his National Living Wage in July – is one that tends to confine itself to the experience of those in traditional employee jobs. There are good reasons for this, but we shouldn’t be blind to the acute … Continued READ MORE
Labour market· Pay· Minimum wage Is today’s minimum wage rise the calm before the storm? 1 October 2015 by Conor D’Arcy It’s a cliché but if a week is a long time in politics, the seven months since the announcement of today’s increase in the National Minimum Wage (NMW) feels like an eternity. Back in March, the announcement that the minimum wage would rise by 20p to £6.70 an hour felt a little cautious given it … Continued READ MORE
Pay· Minimum wage When it comes to the ‘National Living Wage’ being introduced to the world, it’s time for some responsible parenting 15 September 2015 by Torsten Bell The Chancellor’s introduction of a higher minimum wage – the ‘National Living Wage’ – is a policy with competitive claims to its parentage. Announced by a Government, advocated by the official opposition, and prefigured by work from a range of experts including the Resolution Foundation. From all these and more it’s now time for some … Continued READ MORE
