The Living Wage is an hourly rate set independently and updated annually. The Living Wage is calculated according to the basic cost of living using the ‘Minimum Income Standard’ for the UK. Decisions about what to include in this standard are set by the public; it is a social consensus about what people need to make ends meet.
Unlike the Government minimum wage (‘National Living Wage’ for over 23s – £10.42) the real Living Wage is the only wage rate independently calculated based on rising living costs – including fuel, energy, rent and food.
Nick Massey, Chief Executive at Forever Manchester said: “I’m proud that Forever Manchester is one of 9,000 accredited Living Wage Employers committed to paying employees and suppliers the Living Wage. This reflects our ethos to make sure that our talented people are rewarded for a hard day’s work with a fair day’s pay.”
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For more information about the Living Wage visit: www.livingwage.org.uk
Date added: 15th November 2021
Last update: 18th September 2023
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