Helping people maximise their income
Making sure the elderly get the services they need
Making the move into work easier
You might have heard about the ‘National Living Wage’ / Minimum Wage, and be wondering what the difference is between this, and the Living Wage we are campaigning for.
National Living Wage / Minimum Wage: The National Living Wage is in effect an uprated minimum wage that started at £7.20 from April 2016, and will rise to £9 an hour by 2020. This replaced the current minimum wage. Unlike the Living Wage we are campaigning for, it is overseen by the Low Pay Commission, which calculates the rate according to what the market can bear.
The Living Wage we are campaigning for: The Living Wage we are campaigning for is £8.45 outside London. This is the 2017 rate, and already not far off the £9 minimum wage that won’t be available until 2020. The Living Wage rate for London is £9.40 – already above the 2020 minimum wage rate.
Crucially, the Living Wage we are campaigning for is set by the Centre for Research in Social Policy at Loughborough University, and is calculated according to the cost of living. It uses feedback from members of the public who have identified what items people need for a minimum acceptable standard of living, and these have been costed at national chain stores.