Tender Details

Country: United Kingdom
Summary: Low Pay Commission Call for Research on the Impacts of the National Minimum Wage, Including the National Living Wage, on Businesses for the 2025 and 2026 Reports
GBT Ref No: 112925106
Deadline: 10 Feb 2025
Financier: Self Financed
Purchaser Ownership: Government
Tender Value: GBP 80000
Notice Type: Tender
Document Ref. No.: LPC2024/04
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Description:
The Low Pay Commission (LPC) invites tenders from researchers to identify and assess the impact of recent increases to the National Minimum Wage (NMW) and the National Living Wage (NLW) on businesses. This is a longer-term project that complements another, shorter-term project (LPC2024/03) we are commissioning that will also look at business impacts

The aim of this study is to gain a better understanding of the impact of minimum wages, especially the National Living Wage, on businesses. We are particularly interested in the cumulative impacts of recent increases.

The Low Pay Commission invites tenders for research that will provide initial evidence by September 2025 and more substantive findings by October 2026.

This research will contribute to our understanding of how firms are adjusting to the NLW. Potential areas of investigation might include the impact of the NLW and how firms are responding/adapting in terms of: profits; productivity; capital investment; training; prices; contracts and outsourcing; hours and employment; and differentials and pay progression.

We are interested in firms' approaches in the short-term and their longer-term plans. We are also interested in whether these responses have changed over time as the minimum wage has increased. Researchers might consider different time periods, such as post-financial crisis and pre-2016; 2016-2020 (the introduction of the NLW and its initial target of 60 per cent of median wages); a...
Documents:

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Low Pay Commission Call for Research on the Impacts of the National Minimum Wage, Including the National Living Wage, on Businesses for the 2025 and 2026 Reports - Unitedkingdom Tender

The LOW PAY COMMISSION, a Government sector organization in United Kingdom, has announced a new tender for Low Pay Commission Call for Research on the Impacts of the National Minimum Wage, Including the National Living Wage, on Businesses for the 2025 and 2026 Reports. This tender is published on UnitedkingdomTenders under GBT Ref No: 112925106 and is categorized as a Tender. Interested and eligible suppliers are invited to participate by reviewing the tender documents and submitting their bids before the deadline on 2025-02-10.

The estimated tender value is GBP 80000, and full details, including technical specifications and submission requirements, are provided in the official tender documents. Ensure all submissions meet the criteria outlined to be considered for evaluation.