Half a million UK workers to see 10% pay hike with real living wage rise

Half a million UK workers to see 10% pay hike with real living wage rise

Posted on October 30, 2023   |  

The voluntary Real Living Wage has been increased to address the ongoing cost-of-living struggles for workers, allowing employers 6 months for implementation.

Over 460,000 employees from 14,000 compliant employers will enjoy a pay raise as a result of this adjustment.

The Living Wage Foundation disclosed that the new rates will elevate the hourly wage to £12 for regions outside London, reflecting a £1.10 raise.

Workers based in London who receive the Real Living Wage will witness a £1.20 increase, pushing their hourly wage to £13.15.

These changes aim to assist workers in dealing with the current economic challenges they face.