What are the National Minimum Wage, National Living Wage and Real Living Wage? | EUROtoday

The Real Living Wage, exterior is an unofficial hourly price of pay which is overseen by the Living Wage Foundation charity. It is predicated on the sum of money the charity believes folks must earn.

It is aimed toward UK employees aged 18 and over, however just isn’t a authorized requirement, and companies select whether or not to pay it.

The charity says greater than 475,000 staff working for 15,000 companies, exterior presently obtain the Real Living Wage.

The price for employees in London – the London Living Wage – goes up by 70p to £13.85 an hour.

In the remainder of the UK, a 60p enhance will take the speed to £12.60.

Employers should implement the brand new charges by 1 May 2025.