Month: November 2015
Figures just released show that 28% of East Devon workers don’t receive the 2014 Living Wage of £7.85 per hour outside London.
However the Living Wage Foundation has announced that, based on research showing average living costs, the hourly Living Wage is now £8.25. This contrasts with the legal Minimum Wage, currently £6.70. This will still fall short even when it is increased to £7.20 early next year and misleadingly rebranded the ‘National Living Wage’ by George Osborne .
How many workers in Seaton fall short of £8.25 per hour? And what is to be done about it? Increasing wages to this level still won’t compensate many low-earners for the recent cuts to tax credits – but it would be a big step in the right direction.