Living Wage Foundation
- Created by: Amber.coombs99
- Created on: 30-03-17 10:31
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- Living Wage Foundation
- Living Wage is £8.45 per hour
- Full-time employees earning the real living wage earn £45 a week more than those on the government minimum
- 75% of employees reported increases in job quality as a result of receiving the living wage
- Launched in 2001 by parents in East London
- 80% of London living wage employers believe that implementing the Real Living Wage had enhanced the quality of the work of their staff
- Living Wage can mean you can afford the things you need to live, like a decent meal, a warm home and a birthday treat for your children
- Calculated annually by the Resolution Foundation based on the best available evidence about living standards in London and the UK
- London Living Wage is £9.75 per hour
- In 2011 the UK Living Wage was £7.20
- Living Wage Employers are voluntarily taking a stand to ensure their employees can earn a wage which is enough to live on
- Many employers also report wider business benefits as a result of investments in staff pay
- Low pay makes it difficult for employees to find time for community and family life
- Minimum wage is currently £7.20, rising to £7.50 in April
- Only the Real Living Wage rates are independently calculated based on what employees and their families need to live
- The Living Wage finds practical ways to address working poverty and strengthen families today
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