New Forest

03/05/2022

Living Wage

All employers are required to pay their staff either the National Living Wage (for those aged 23 and over) or National Minimum Wage (for those of at least school leaving age). The Living Wage Foundation is a charity that campaigns for improved rates of pay for those on low wages, with accredited employers, including many charities, committed to paying their staff at pay rates of at least real living wage as termined by the Foundation.

In November last year the Foundation announced that based upon independently calculated rates based on what people need to live on the real living wage was now £11.05 for those living in London and £9.90 elsewhere in the UK, which is considerably greater than the hourly rates required to be paid by law. With inflation increasing rapidly it’s likely that these figures are already out of date.

In its recent Life on Low Pay research the Foundation found that almost two-fifths of low-paid workers reported falling behind on household bills in 2021, and nearly a third of low-paid workers regularly had to skip meals for financial reasons. Statistics such as these demonstrate the increasing pressure that many charities such as those operating food banks are facing as demand for their services continues to rise.

Details: https://bit.ly/3t54GJX

Latest Tweets

HMRC has announced their new Advisory Fuel Rates (AFRs) for Employees and Directors using a company car.

To read more, click the link 👉 https://bit.ly/3EiHCgr

The Energy Bill Relief Scheme will help to cut energy prices for businesses, charities and public sector organisations, such as schools and hospitals.

The scheme will run for 6 months and cover energy used from 1 October 2022 to 31 March 2023.

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