Blog RSS  The Pin Factory Blog   No, let's not expand the remit
of the Low Pay Commission  Written by Tim Worstall | Friday 14
March 2014  Fundamental reform of the minimum wage is needed to
keep the system that was introduced 15 years ago up to speed
with the changing world of work, according to one of the
policy’s key architects. Professor Sir George Bain helped
formulate the scheme to tackle poor wages as founding chairman
of the Low Pay Commission, the independent body which recommends
pay levels to government. But he now wants the body to take on a
wider remit, with greater powers. Prof Bain has worked with the
Resolution Foundation think tank towards today’s(Thurs)) release
of More Than A Minimum, a review of the minimum wage which
recommends new ways to keep the commission relevant, now and
into the future. Prof Bain said: “When I helped set the UK’s
first minimum wage in 1999, it felt like an embattled
experiment. Now the policy has the support of all parties and a
powerful academic consensus shows it