Real Living Wage increases

Given the current COVID-19 pandemic and financial uncertainty in the coming months, particularly as we approach the end of the extended furlough scheme in March 2021, every penny to an employee counts in making ends meet. The real Living Wage is a recommended UK wage rate, which aims to better meet the financial needs of workers than the statutory National Living Wage (which is the highest level of minimum wage available for people over 25).

Currently paid voluntarily by over 7,000 employers, it was announced on 9 November 2020 that the real Living Wage will increase by 10p to £10.85 for London and by 20p to £9.50 for the rest of the UK to support workers and families during the economic crisis borne out of the COVID-19 pandemic. Over 700 additional employers have signed up to the real Living Wage since the start of lockdown in March. 

The contents of this article do not constitute legal advice and are provided for general information purposes only.