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  • Living Wage - Armin Ahmed

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    A living wage is the minimum amount of money needed to meet basic needs like food and shelter. While minimum wages are increasing, research shows that 3.9 million UK workers are still paid less than the living wage. The living wage in London is even higher at £11.95 due to higher costs of living, but many workers in London still earn less than what is required to adequately cover expenses. Despite some increases over time, living wages still do not fully cover the true cost of living, particularly in expensive cities like London, and this problem continues without a sufficient solution.

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    A living wage is the minimum amount of money needed to meet basic needs like food and shelter. While minimum wages are increasing, research shows that 3.9 million UK workers are still paid less than the living wage. The living wage in London is even higher at £11.95 due to higher costs of living, but many workers in London still earn less than what is required to adequately cover expenses. Despite some increases over time, living wages still do not fully cover the true cost of living, particularly in expensive cities like London, and this problem continues without a sufficient solution.

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    6 views6 pages

    Living Wage - Armin Ahmed

    Uploaded by

    Armin Ahmed
    A living wage is the minimum amount of money needed to meet basic needs like food and shelter. While minimum wages are increasing, research shows that 3.9 million UK workers are still paid less than the living wage. The living wage in London is even higher at £11.95 due to higher costs of living, but many workers in London still earn less than what is required to adequately cover expenses. Despite some increases over time, living wages still do not fully cover the true cost of living, particularly in expensive cities like London, and this problem continues without a sufficient solution.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    By Armin Ahmed

    What is a Living Wage?


    A living wage is the income/ and the minimum
    amount of how much someone earns to meet their
    basic needs. The word ‘minimum’ implies that it is
    the least amount of money you can possible earn,
    but sometimes some workplaces do increase their
    minimum wage pay.
    Is it Enough?
    In this image, it shows
    that the current UK
    Living Wage is £10.90,
    but specifically in
    London it is £11.95. This
    shows how expensive it is
    to live in London
    compared to other
    countries.
    Are we still getting paid less?
    According to the Living Wage Foundation’’s research, they have found
    out that approximately 3.9 million workers in the UK are still paid less
    than the living wage. Including 1.3 million workers who are paid that
    amount of minimum wage, and also 2.6 million workers who are paid
    more than the minimum wage, but yet not enough to reach the
    standard of the living wage.
    Statistics
    Changes
    Throughout the past years,
    there have been some changes
    in the living wage, and it has
    thoroughly affected the
    people of London, but is still
    not enough to cover the full
    amount. So in conclusion,
    this has been an issue for a
    long time and is yet to be
    changed.

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