Research conducted on accredited employers who have introduced the Living Wage shows:
PwC (PricewaterhouseCoopers) found that turnover of contractors fell from 4% to 1% following the adoption of the Living Wage.
The figure for the Living Wage is calculated using detailed research on what is needed to cover the basic cost of living in the UK.
Therefore, the Living Wage affords people the opportunity to provide for themselves and their families.
Independently conducted research with employees who work for an employer who has been accredited as paying the Living Wage shows:
The causes of poverty are complex. In order to improve lives, a package of solutions across policy areas are required. The Living Wage can be part of the solution.
Paying a Living Wage can afford workers more time to spend with their friends and loved ones, and time to dedicate to their local community.
Paying a Living Wage can afford workers more time to spend with their friends and loved ones, and time to dedicate to their local community. The real Living Wage is calculated annually by the Resolution Foundation and overseen by the Living Wage Commission, based on the best available evidence on living standards in London and the UK.
A detailed account of the methodology behind it's calculation is available here.
Historical data
NATIONAL
Year |
National Min Wage* |
UK Living Wage** |
Difference |
2011 |
6.08 |
7.20 |
1.12 |
2012 |
6.19 |
7.45 |
1.26 |
2013 |
6.31 |
7.65 |
1.34 |
2014 |
6.50 |
7.85 |
1.35 |
2015 |
6.70 / 7.20 |
8.25 |
1.55 |
2016 | 6.95 / 7.20 | 8.45 | 1.50 |
2017 | 7.05 / 7.50 | 8.75 | 1.70 |
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