National Living Wage by then. A survey conducted in November 2015 by the Resolution Foundation and the Chartered Institute of Personnel and Development revealed that the policy is expected to have its greatest impact in the retail, hospitality and healthcare sectors. The policy has received criticism from some large employers, particularly supermarkets and the food and drink sector, where profits may be reduced by up to 10%. Some large employers have said that they may pass on the additional cost to consumers in the form of higher prices and some intend to improve productivity. The supermarket chain Lidl has said it will implement
Living Wage Foundation to be a good employer and was thriving. Professor Sir George Bain who set the minimum wage in 1999 said employers could afford to pay much more but acknowledged enforcement could cause unemployment in the retail sector. The Living Wage Foundation publishes the Living Wage figure: an hourly rate, set independently every year, and updated annually in November. It is calculated according to cost of living and gives the minimum pay rate required for a worker to provide their family with the essentials of life. The living wage is based on a basket of goods which ordinary people think are