Reward Strategy

LATEST WEBINARS

SEARCH

Voluntary Living Wage increases

Voluntary Living Wage employers should be aware of the announcement on 6 November that sees the rates increase. Note that paying staff at this Living Wage is voluntary but paying them at the National Living Wage is mandatory.

Twitter LinkedIn

The Living Wage

 

This increases by 3.6% (30p) from £8.45 per hour to £8.75.

 

The London Living Wage

 

This increases by 4.6% (45p) from £9.75 per hour to £10.20.

 

Employers now have a six-month window to uplift their 2016 rates to the ones announced in November 2017 to remain an accredited Living Wage employer.

 

See the useful and updated guidance on the Living Wage Foundation’s website.

 

I make no comment save to compare the above rates to the National Living Wage hourly rate of £7.50 per hour and suggest you make your own conclusions.

Twitter LinkedIn
Add New Comment

You might also like

Government to lead pensions dashboard project

The Department for Work and Pensions (DWP) will now take the lead on developing the "pensions dashboard", allowing individuals to see all their savings through one portal.

UPCOMING EVENT

LATEST NEWS STRAIGHT TO YOUR INBOX

Reward Strategy

Did you find our website useful?

Thank you for your input

Thank you for your feedback

reward-strategy.com - an online news and information service for the UK’s payroll, reward, pensions, benefits and HR sectors. reward-strategy.com is published by Shard Financial Media Limited, registered in England & Wales as 5481132, Axe & Bottle Court, 70 Newcomen St, London, SE1 1YT. All rights reserved. Reward Strategy is committed to diversity in the workplace.
© Copyright Shard Financial Media Ltd