31
MAR
2016

Living Wage Pay Rise – Millions In Line

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The National Living Wage of £7.20 an hour will mean a pay increase for 4.5 million people when it comes into action this week.

Up to one in three workers in some parts of the country are set to receive a pay rise from Friday as the new national living wage comes into effect, according to a study. The biggest city for employees to see a gain is Sheffield, where a fifth will be in a line for a pay rise under the new policy. The announcement last year by Chancellor George Osbourne – introduced a national living wage that is set to rise to £9 an hour by 2020.

One in six workers will be affected by the national living wage, with a total of 4.5 million seeing an increase. Torsten Bell, director of the Resolution Foundation, said: “Of course pay rises don’t come free so employers in some sectors and parts of the country will feel the pressure more than others”

That’s why it’s a vital that businesses and national, regional and local government make the successful implementation of the new legal minimum a priority.”

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