The minimum wage has been successful in tackling extreme low pay . Yet despite increases in the wage floor in recent years, we’ve seen an increase in in-work poverty.
The government has committed to increasing the minimum wage for workers aged 21 and over to two thirds of median earnings by 2024. Through doing so, it hopes to end low pay, and reduce in-work poverty.
Together with Carnegie UK Trust, we are exploring how an increase in the minimum wage could be delivered as part of a wider labour market strategy to tackle poverty and improve job quality.
Our first report highlighted strong and widespread popular support for a higher minimum wage. Our next report will explore the views of employers, and how they may respond to a higher wage floor.
The minimum wage is a remarkable success story – Where next to tackle inequality