Real Living Wage Foundation brings forward announcement of new rates from Nov to Sept 2022
In response to the rising cost of living, the Living Wage Foundation announced on 29 May 2022 that it will be bringing forward its annual review of the rates. Instead of announcing the rates in November 2022 which they usually do, it will now do so in September 2022.
The Real Living Wage is the only UK wage rate based on the cost of living.
There is no obligation on Organisations to pay the real living wage, but many employers have chosen to sign up to it. The current rate is currently £9.90 in the UK. Once the new rate is announced employers will be encouraged to pay staff the rate as soon as possible. More information can be obtained from https://www.livingwage.org.uk/news/living-wage-foundation-responds-cost-living-crisis-%C2%A0