Low Pay Commission consulting and conducting regional visits

The Low Pay Commission has published a consultation to inform its recommendations on the statutory minimum wage for the 2023/24 financial year. They are interested in the business conditions and economic outlook; and seek to understand the impact of recent increases in the minimum wage.

They are particularly interested in:

The affordability and effects of an increase in April 2023 to an NLW rate of £10.32 (within a range of £10.14-£10.50). This is our current central projection for next April’s rate. However, the combination of uncertainty and compositional effects make establishing the level of the on-course rate more difficult to predict than in previous years.
Views on the NLW pathway to 2024. Based on forecasts, our current central projection for the April 2024 NLW rate is £10.95 (within a range of £10.58 - £11.33). The age threshold for the NLW is also due to come down to 21 by 2024 at the latest.
We also want to hear about the effects of recent increases in the NLW and other rates, and their impacts in particular on employment and hours, pay and benefits, productivity, prices and profits.

To find out more visit:

Low Pay Commission consultation 2022 - GOV.UK (www.gov.uk)

We have responded and you can read our response here: Homecare Association response to Low Pay Commission 2022

The Low Pay Commission is also taking evidence from businesses and workers through regional visits and inviting individuals involved in low-paying sectors to give evidence to LPC Commissioners on the minimum wage and enforcement. The regional visits are: