In November, the Living Wage Foundation announced the new Real Living Wage rate which is £12.60 p/h (or £24,570p/a based on 37.5 hour week).
The deadline for implementing the new rate is 30 April 2025.
The Real Living Wage is calculated annually by the Resolution Foundation, accounting for changes in cost of living each year across the UK. You can find out more about the process of calculating the Real Living Wage in this Resolution Foundation Report.
If you have any questions about the Living Wage, then do get in touch with Anna at anna@brightonchamber.co.uk.