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
History of the minimum wage Denmark, Germany, Austria, Italy, and Cyprus have no minimum wage laws, but rely on employer groups and trade unions to set minimum earnings through collective bargaining. In July 2014 Germany began legislating to introduce a federally mandated minimum wage law, the "Gesetz zur Regelung eines allgemeinen Mindestlohns (Mindestlohngesetz - MiLoG)" (unofficial translation: "Act Regulating a General Minimum Wage (Minimum Wage Act)"), which came into effect on 1 January 2015. The minimum wage is set at €8.50 per hour. A French law passed in the National Assembly on 17 February 2015 and effective from the end of 2015 imposed statutory minimum