News from Bolton at Home
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Real Living Wage goes up
The ‘real Living Wage’ is the minimum amount per hour that accredited employers pay their employees over the age of 18. It will increase by 30p to £9.30 (£10.75 in London). This will be £1.09 per hour more than the current statutory National Living Wage for people over 25.
At Bolton at Home, we’ve voluntarily paid people more than the real Living Wage for years. Last November, we were officially recognised as a Living Wage employer by the Living Wage Foundation.
The Living Wage Foundation is the national organisation that champions the real Living Wage. It campaigns for organisations to pay their employees a wage based on the cost of living. Around 6,000 UK businesses now pay the real Living Wage.
The Living Wage Foundation announced the new rates today (11 November 2019) and Living Wage employers are expected to have started paying employees the new rate by 1 May 2020.
We have almost 1,000 employees and we pay at least the real Living Wage. Accredited organisations also work towards using partners and suppliers that pay the real Living Wage.
The real Living Wage is different to the government’s statutory National Living Wage of £8.21 for over 25s. Real Living Wage rates are higher and independently-calculated based on what people need to get by. This calculation is based on a basket of household goods and services. London has its own rates to reflect higher living costs in the capital.
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