Chancellor plans significant rise in minimum wage

08 May 2019

According to The Times the Chancellor is to be giving serious consideration to raising the minimum wage to as high as 66% of median earnings, meeting the Organisation for Economic Co-operation and Development’s definition of low pay.

 

The main minimum wage rate is due to rise to 60% of median income next year, or about £8.67 an hour. Mr Hammond has reportedly held meetings with union officials over his ambitions to secure a legacy of ending low pay.

 

Low Pay Commission annual review of Minimum Wage

The Low pay Commission is currently carrying out its annual review which seeks views from the widest possible range of contributors.

 

To support the CIPP written response to the 2019 consultation the policy team have published a survey to collect views and opinions as to the:

 

  • affordability of the National Living Wage (NLW) rate and effects of an increase to the ‘on target’ rate for April 2020 – currently around £8.67
  • evidence of the impact of increases in the NLW since its introduction – including the April 2019 uprating – on workers, employers, the labour market and the economy
  • evidence of how employers are seeking to improve productivity
  • evidence on how the economic outlook is affected by the process of leaving the European Union.

Please take the time, if you haven’t already, to complete our survey (closes Friday 24 May 2019).

 

Policy Think Tank

The CIPP policy team is also arranging a think tank roundtable which will be held in early June. Invitations will be issued to all CIPP Full, Fellow and Chartered members. To express your interest in attending this roundtable please contact Samantha Mann senior policy and research officer by email to policy.