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 Report
GBT Ref No: 112925108
Deadline: 10 Feb 2025
Financier: Self Financed
Purchaser Ownership: Government
Tender Value: GBP 50000
Notice Type: Tender
Document Ref. No.: LPC2024/03
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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 Living Wage on businesses, and provide findings to us by September 2025 at the very latest.

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 impacts of the more recent increases.

This research will contribute to our understanding of how firms are adjusting to the NLW and will complement the tender for longer-term research on the impact on businesses (LPC2024/04).

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 to coping with the recent increases in the NLW, especially the increase of 6.7 per cent to £12.21 that will be implemented in April 2025. At the same time, the recently announced changes to employers' National Insurance Contributions will also come into effect.

This project will provide evidence of how firms are coping with the recent increases in the NLW, and how they vary sectorally, by size of firm, by geography, and type of ownership.

This research would ideally use firm-level data available for the same fi...
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 Report - 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 Report. This tender is published on UnitedkingdomTenders under GBT Ref No: 112925108 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 50000, 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.