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He hoped that higher migrant pay thresholds and the new £1,000 immigration skills charge would encourage greater training.
Anti-poverty campaigners also argue that low pay is a significant part of the UK's productivity problem and that only higher pay thresholds will make firms improve management, training and overall efficiency.
"Raising the cost of employing skilled migrants via higher pay thresholds and the introduction of an immigration skills charge should lead to a greater investment in UK employees and reduce the use of migrant labour".
The willingness to pay thresholds ranged from £0 to £50 000.
The resulting incremental cost per QALY falls below commonly accepted willingness to pay thresholds.
In addition, cost-effectiveness acceptability curves were calculated for different willingness to pay thresholds.
Similar(34)
The CEAC (Fig. 2) demonstrates the probability of the intervention being cost-effective at varying willingness-to-pay thresholds per improvement in QALYs.
Probabilistic sensitivity analyses suggested that at willingness-to-pay thresholds of $50,000 and $100,000 per QALY saved, the likelihood of the vaccination program being cost-effective was 38%and92%2%, respectively.
Figure 3 shows the Cost-Effectiveness Acceptability Frontiers (CEAFs) across different willingness-to-pay thresholds.
Higher intensity vaccination program strategies were preferred at higher willingness-to-pay thresholds.
Most evaluations calculated the probability of cost-effectiveness within different willingness-to-pay thresholds.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com