Employers who join the Real Living Wage scheme, set up by the Living Wage Foundation charity, make a commitment to pay their staff at a rate that reflects what the charity thinks people need to cover everyday costs.
Around 14,000 employers have signed up, benefitting over 460,000 workers. The rise will take hourly pay from £10.90 to £12 an hour outside London (from £11.95 to £13.15 for those in the capital), meaning a full-time worker earning the new Real Living Wage will earn £3,081 a year more than someone on the current government minimum, and an additional £5,323 in London. These come into effect in April 2024.
https://www.livingwage.org.uk/
The National Minimum Wage rates have not yet been announced but is likely to be at least £11 an hour from April 2024.
