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 oversee the calculation of the Living Wage rates in the UK. The Living Wage calculated by the Living Wage Foundation has no legal status. Instead, minimum wage levels in the UK are determined by the statutory national minimum wage set up by the National Minimum Wage Act 1998. The rates are reviewed each year by the country's Low Pay Commission. The national minimum wage aims to protect the lowest paid from exploitation, but its level often falls short of the local cost of living and it has increasingly failed to prevent in-work poverty without welfare payments by the state to