Staff of some 4,700 employers who have adopted a voluntary living wage policy are in line for an inflation-beating pay rise.
The Living Wage Foundation, which calculates the rate by assessing what workers need to meet the basic cost of living in Britain, will make a 2.9% increase to recommendations (3.4% in London) meaning workers would earn at least £9 an hour (£10.55 in London).
The foundation’s figures are £1.17 higher an hour than the national living wage imposed by the government for workers over the age of 25. UK Living Wage companies will be given until May next year to bring in the pay rises.
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