Register interest

Join hundreds of employers already benefiting from the  Living Wage

“This is not only the right thing to do, but good business. Early research on the impact of the Living Wage for cleaners on Barclays’ contracts shows our suppliers have a 92% retention rate versus an industry average of 35%. This means we can gain a better quality and more reliable service from colleagues who feel committed and valued for what they do.”
Dominic Johnson, Employee Relations Director at Barclays Bank

The calculation

  • The London Living Wage is currently £8.80 per hour.
  • This figure is set annually by the Greater London Authority and covers all boroughs in Greater London.
  • You can view the 2013 GLA report which explains how the London figure is calculated here.
  • The UK Living Wage for outside of London is currently £7.65 per hour.
  • This figure is set annually by the Centre for Research in Social Policy at Loughborough University.
  • You can view the report which explains how the UK figure is calculated here.

From November 2012 both Living Wage figures have been announced annually in November of each year.

Employers should implement the new rate as soon as possible and within 6 months of the annual announcement .

 

Historical data

National

Year

National Min wage*

UK Living Wage**

Difference

2011

6.08

7.20

1.12

2012

6.19

7.45

1.26

2013

6.31

7.65

1.34

 * set by the Government funded Low Pay Commission
** calcuated by the Centre for Research in Social Policy from 2011

London

Year

National Min Wage*

London Living Wage**

Difference

London LW w/o benefits

2003

4.5

6.40

1.90

 

2004

4.85

6.50

1.65

 

2005

5.05

6.70

1.65

8.10

2006

5.35

7.05

1.70

9.00

2007

5.52

7.20

1.68

9.15

2008

5.73

7.45

1.72

9.60

2009

5.80

7.60

1.80

9.85

2010

5.93

7.85

1.92

10.15

2011

6.08

8.30

2.22

10.40

2012

6.19

8.55

2.36

10.70

2013

6.31

8.80

2.49

 11.30

* set by the Government funded Low Pay Commission
** calcuated by the GLA from 2005