Low Pay Commission research 2024
These research reports were commissioned by the Low Pay Commission to inform recommendations on minimum wage rates for 2025.
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Independent research forms an important part of the Low Pay Commission’s evidence base in making recommendations on the National Minimum Wage. The three projects published here were commissioned by the LPC to inform its work in 2024.
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Research by Frontier Economics looks at monopsony, minimum wages and the UK labour market. This work investigates the link between different degrees of labour market concentration and minimum wage effects on a range of employment measures for low-paid workers.
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Research by the London School of Economics investigates minimum wage adjustments through labour market dynamics and alternative work arrangements. The aim of this report was to understand potential impacts of minimum wage changes on margins such as contract types and job attributes related to hours volatility and work security.
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Research by the Institute of Fiscal Studies looks at the impact of the National Living Wage (NLW) introduction on firms’ pay and contractual arrangements. The aim of this research was to assess the impact of the introduction of the NLW in 2016 – a new and higher minimum wage for workers aged 25 and over in the UK – on firms’ wage distributions, pay practices and use of alternative contractual arrangements.