The Living Wage Foundation (LWF) the living wage for London is £8.55 an hour and for the rest of the UK £7.45 an hour. Compare that with the national minimum wage of £6.19 an hour and it may not be surprising that many employers are choosing to pay a ‘living wage’ as oppose to just minimum wage.
Leading the trend are some solicitors practices who have signed up to the LWF in an attempt to ensure staff are paid a liveable wage. The benefits of offering the enhanced wage are mainly to motivate staff and provide a more efficient workforce. As more organisations commit to paying a ‘living wage’ those who don’t are likely to become more noticeable.
Employers should ensure they are paying the correct minimum wage as a failure to do so can result in fines from HMRC and an order of back pay. For more information, please telephone us.
Andrew is a Commercial & Employment Law solicitor in Leicester. Our Solicitors in Leicester are experts in their fields and dedicated to quality client care. If you would like to find out more about our solicitors in Leicester please contact us.
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