LW meaning in Business ?

Answer:

What is London Weighting mean?

London weighting is an allowance paid to certain civil servants, teachers, airline employees, PhD students, police and security officers in and around London, the capital of the United Kingdom. It is designed to help these workers with the cost of living in Greater London, which is higher than that of the rest of the UK. Its purpose is to encourage key workers to stay in Greater London.

London weighting was introduced for civil servants in 1920 and was set by the London Pay Board. However, since 1974, the Greater London Council, and later the Mayor of London, in partnership with central government, have been responsible for setting it. In 2002, teachers from across South East England went on strike to try to force London weighting to be raised. In many professions, such as teaching, a different level of weighting is applied to Inner London and Outer London. In addition, many employers use different pay grades for Greater London as opposed to a fixed allowance, and some groups – the police, for example – have both a London weighting and a London allowance.

Since the abolition of the Pay Board, no organisation has been responsible for setting London weighting. The GLA carried out an investigation into the issue but did not propose a new figure. Currently, the amounts paid by employers as London weighting, or London allowance, or in some cases both, vary greatly. Further information is available from pay analysts such as the Labour Research Department.

reference

Full Form	Category
Lipid Weight	Academic & Science
Low Water	Academic & Science
London Weighting	Business
Leisureworld Senior Care Corporation	Business
Lewis Wolpert	Community
Ludwig Wittgenstein	Community
Little Women	Community
Long Wave	Computer and Networking
Local Write	Computer Assembly Language
Load Word	Computer Assembly Language
Late Write	Computer Assembly Language
Line Work	Computing
List Workspace	Computing
Love Whitey	General
Laser Wakefield	General
Lethal Warrior	General
Legendary Warrior	General
Left Wall	General
Little Wagon	General
Long Winded	General
Ludwig Wessel	General
Last Week	General
Lilly White	General
List Workspaces	General
The Lambert W	General
Last Write	General
Low Wheel	General
Leonard William	General
Little Woman	General
Little Wolf	General
Late Work	General
Lebanon West	General
Littleton Westford	General
Low Weight	General
Left Wing	General
Light Wind	General
Lawrence Weiner	General
Long and Wide	General
Label Worx	General
Lee White	General
LegisWrite a Word	General
Low Wattage	General
Locomotor Winter	General
Last White	General
Lax Wendrooe	General
Large Wheel	General
Lethal Weapon	Governmental
Living Will	Governmental
Loaded Weight	Governmental
LORWADA	Indian Railway Station
Lehnwort	International
Length / Width	Measurement Unit
Live Weight	Medical
Limp Wrist	Medical
Landsteiner and Wiener blood group system	Medical
Letter Writer	Messaging
Lift Wire	Military and Defence
Leeway	Military and Defence
Land Warrior	Military and Defence
Light Weight	Military and Defence
Limited War	Military and Defence
Louisville and Wadley Railway	Regional
Louisville and Wadley Railway Company	Regional
Light Warning	Space Science
Launch Window	Space Science
Living Worlds	Space Science
Lob Wedge	Sports
Load Waived Mutual Fund	Stock Exchange