Charity News: Living wage

Charity News: Living wage
Charity News: 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 determined 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 With inflation increasing rapidly it’s likely that these figures are already out of date.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: Living Wage

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For more information on our charity services please visit our website or contact Frank Harling on 01932 830664 or charities@wardwilliams.co.uk

About the author

Frank manages a portfolio of both audit and non-audit clients in a range of different sectors and industries, as well as assisting with the running of the corporate services department. He has extensive experience of providing Audit, Accounts preparation, Corporation Tax, VAT, CIS and Payroll. Frank also holds a solid experience with regards accounting and audit in a number of specialist areas, including charities, solicitors and pension schemes.

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