The Government rebranded the minimum pay floor as the “national living wage” five years ago – and the rate rises today from £8.72 to £8.91. “However, there is still a substantial gap between this wage rate and one based on the cost of living, with national living wage workers falling billions of pounds short of a Real Living Wage over the past five years. (Image: Living Wage Foundation)“The number of employers signing up to the Real Living Wage has continued to grow, even during the pandemic, as businesses recognise the benefits of a healthy and motivated workforce. The Real Living Wage stands at £9.50 outside London, and £10.85 in the capital. (Image: Getty Images/Tetra images RF)A full-time Real Living Wage earner over the age of 23 will receive £1,150 more over the coming year compared with a worker on the minimum wage.

Source: Daily Mirror March 31, 2021 23:01 UTC