The Living Wage Foundation have announced the real Living Wage increase form £12 per hour to £12.60. Are you accredited? If not, why not? We are! Check them out today www.livingwage.org.uk
The real Living Wage vs the ‘National Living Wage’ - the difference
The real Living Wage is different to the government’s minimum wage rate, which for those over the age of 21 is often called the 'National Living Wage'. It is a higher, voluntary rate, independently calculated and based on the actual cost of living.
The real Living Wage applies to all workers over the age of 18 working for a Living Wage Employer and is £12.60 an hour. The ‘National Living Wage’ applies to those over the age of 21 and is worth £11.44 an hour.
A full-time worker earning the new, real Living Wage would earn £2,262 a year more than a worker earning the current government minimum (NLW), and £1,170 more than their current pay. In London, a full-time worker on the new real Living Wage rate would earn an additional £4,700 a year compared to a worker on the current NLW, and £1,365 more than their current pay.
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