What is the National Living Wage (NLW) primarily aimed at ensuring?

The National Living Wage (NLW) is primarily aimed at ensuring a minimum wage standard for workers in the UK. This wage is designed to provide financial security for employees, ensuring that they can meet their basic living costs. By setting a minimum wage threshold, the NLW aims to reduce in-work poverty and enhance the overall standard of living for workers.

The focus of the NLW is on protecting employees from excessively low pay, ensuring that full-time workers earn an amount that reflects the cost of living. It is intended to support workers across various sectors and is not limited to any specific group, such as public sector employees. The NLW is reviewed annually and adjusted based on economic conditions, ensuring it remains relevant in meeting living costs for the workforce.

In contrast, other options do not align with the primary aim of the NLW. A maximum wage limit for high earners or a wage that varies by region are not the focus of the NLW, which is specifically about establishing a baseline wage to protect the earnings of low-paid workers across the entire UK.