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The Peer Review focused on methods to determine and adapt national minimum wage levels while limiting negative impacts on employment or the economy.
This event presented the UK National Minimum Wage (NMW) system introduced in 1999 and the lessons learnt from the UK experience regarding the development of a NMW. What was a controversial labour market intervention at that time, has become a comprehensive minimum wage system with universal coverage, with the exception of separate NMW rates for younger workers and certain apprenticeships. The Peer Review offered the participating countries the opportunity to exchange methods of determining and regularly updating NMW levels and learnt lessons in developing a NMW system.
This Peer Review was hosted by the UK Department for Business, Innovation and Skills (BIS) and the Low Pay Commission (LPC) as part of the Mutual Learning Programme.