UK SHARED BUSINESS SERVICES LIMITED · Awarded contract
Awarded

Study on Impact of National Living Wage Target on Pay Structures and Age-Related Pay

Awarded 10 Mar 2020

View live tenders
Awarded10 Mar 2020
Value£19,450.00
SupplierIncomes Data Research
AgencyUK SHARED BUSINESS SERVICES LIMITED
RegionUnited Kingdom
CategoryResearch & Development
Ended 5y 10mo ago10mo term
Awarded 10 Mar 2020Expired 31 Dec 2020

About

UK SHARED BUSINESS SERVICES LIMITED awarded a contract to Incomes Data Research for a study investigating whether firms will modify their pay and organisational structures, including systems of incentives and rewards, in response to the National Living Wage (NLW) as it progresses towards a target of two-thirds of median hourly earnings by 2024, with the age entitlement reduced from 25 to 21 in two stages (first to 23 in April 2021 and then to 21 by April 2024).

The research provides initial insights into how firms plan to adjust pay structures and use of age-related pay under the new policy.

The contract value is AUD 19,450.

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Other similar contracts12

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Commissioned Research on the Impact of the National Living WageResearch & DevelopmentIncomes Data Research Ltd,The Queens' University of Belfast,Tooley Street Research Ltd,LSE Enterprise Ltd
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Research on Impacts of National Minimum Wage and National Living WageResearch & DevelopmentIncomes Data Research Limited
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Award of Research Contract to Assess Impact of National Living Wage on Employment, Hours, Earnings, and Household IncomesResearch & DevelopmentInstitute for Fiscal Studies
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Research Projects on the Impact of the National Minimum Wage and National Living WageResearch & DevelopmentBRUNEL UNIVERSITY LONDON,Incomes Data Research Limited,LSE ENTERPRISE LTD,The University of Bath
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