Over half a million workers are set for a pay boost as the voluntary real Living Wage rises to £13.45 an hour.
More than 16,000 UK companies are signed up to the real Living Wage – a voluntary pay standard, independently set by the Living Wage Foundation (LWF) based on the cost of essentials.
It is different to the National Living Wage, the statutory minimum set by the government.
This week, the real Living Wage rates will rise to £13.45 an hour across the UK (85p or 6.7% increase) and £14.80 an hour in London (95p or 6.9% increase).
A full-time worker earning the real living wage will take home £2,418 more per year than someone on the government’s minimum wage, the Living Wage Foundation claim, and £5,050 more in London.
One in seven employees across the UK now work for an accred