Following last week’s ‘Living Wage Week’, Ogmore Assembly Member Huw Irranca-Davies is urging employers to find out more and pay their employees a “Real Living Wage”.
The Real Living Wage is a voluntary higher rate of base pay. It provides a benchmark for responsible employers who choose to pay their employees a rate that meets the basic cost of living in the UK.
The real living wage was devised by charity the Living Wage Foundation. It argues the UK government’s National Living Wage is not high enough to meet workers’ needs and encourages employers to adopt to its more generous, independently calculated rate.
Workers whose employer has voluntarily signed up to the “real living wage” are set for a 2.8% pay rise this week. For the first time they will receive £9 an hour.
Employers that pay the real living wage enable their workers to live a life of dignity, supporting them to pay off debts and meet the pressures of rising bills.
The Welsh Government has been an accredited living wage employer since 2015.
Employers can find out more by visiting the Living Wage Foundations website https://www.livingwage.org.uk/
Huw Irranca-Davies AM said: “Living Wage week is a great opportunity to promote the benefits of the real living wage. Speak to any employer that has become a living wage employer and the feedback is always positive from increased productivity, and reductions in staff absence and turnover, to a stronger corporate reputation. The Living Wage foundation do a great job in promoting fair pay. The work they do in arguing for a real living wage is vital to our communities and to the Welsh Economy.”