Globally, “efficiency wages” are increasingly finding favour (the idea that employers who pay more than the going rate get more loyal and productive staff). In the UK, the Living Wage Foundation has blazed a trail in this area and in this article, Tess Lanning of the Living Wage Foundation argues why more employers should adopt the real Living Wage today.
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How can we tackle low pay and boost productivity? How do we ensure that the wages of all workers see the benefit of the economic recovery? This article by Conor D'Arcy of the Resolution Foundation considers the major themes, such as the productivity puzzle and minimum wage, of their recently published collection of essays 'Securing a pay rise'.
Since the financial crisis, the UK has seen economic growth, coming out of the recession well. However, we are still operating at recession levels of productivity and wages have stagnated. Could the rise in self-employment and different working arrangements be to blame for this productivity problem? In the fourth and final part of a series on low pay from Lewis Silkin, Tom Heys discusses the issues.
Unemployment within the UK differs and there have been calls for the National Minimum Wage to evolve; perhaps with different rates for different UK regions. Would regional devolution good idea? What would be the legal implications? In the third of a four part series on low pay issues from Lewis Silkin, Tom Heys considers the issues.
There have been calls for the National Minimum Wage to evolve, so that different rates apply to different sectors. Could this be a good idea for NMW v2.0? This second part of a four part series from Lewis Silkin on low pay considers the issues.
The independence of the Low Pay Commission is under threat. It alone has decided the level of the minimum wage, but politicians are increasingly interested in forcing a rise in the NMW for vote-winning reasons. How can (and should) the role of the Low Pay Commission change in this new environment? In the first of a four part series focusing on low pay, Lewis Silkin debate what the future may hold for the Low Pay Commission.