WALCOT FOUNDATION
  • Home
    • Who We Are
    • Can you help us?
    • Grantee feedback
    • Useful Research
  • News+
  • Our work
    • Triennial Priorities
    • Showcase
    • Measuring Impact
    • Walcot Futures Programme
    • Step Up Grant Programme
    • Open Data
  • Our grants
    • Grants - individuals
    • Townsend Scholarships
    • Educational Field Trip Grants
    • Grants: orgs/schools
  • Support us
  • Lettings
    • Tenant Resources
  • FAQs
  • More
    • Our History
    • Additional services
    • Area we cover
    • Our logo and use
    • Governance
    • Walcot Estate >
      • Mews
    • Poverty >
      • What works?
      • London Living Wage
    • Annual Reports
    • Volunteers
    • Donate
    • Complaints
    • Privacy Policy - Grantees
    • Privacy Policy - Tenants
    • Jobs
  • contact

London Living Wage increase announced

5/11/2013

0 Comments

 
Picture
The annual uplift in the London Living Wage rate was announced yesterday. It is now £8.80 an hour.  This figure is an hourly rate that is independently calculated by the GLA’s Living Wage Unit, with cross-party support.  It is updated every year by calculating a ‘poverty threshold wage’ and adding a 15 percent margin to ensure that the recipients do not fall to the level of poverty wages. Why is this important?  Data from the latest London’s Poverty Profile shows that low pay and in-work poverty are increasing: the percentage of jobs paid below than the LLW was about 13% between 2005 and 2012 but by 2012 it reached 17%; the majority (57%) of working-age adults and children in poverty in London are from working families.
Find out more from the Living Wage Foundation.

0 Comments

Your comment will be posted after it is approved.


Leave a Reply.

    Categories

    All
    Data
    Events
    Governance
    Grant Making Priorities
    Maths And Reading Skills
    News
    Research
    Welfare Reforms In Lambeth

    RSS Feed

THE WALCOT FOUNDATION
127 Kennington Road London SE11 6SF (map)
020 7735 1925 | General email
Monday-Friday 0900-1700
Visitors by appointment only please

Vertical Divider
The Walcot & Hayle's Trustee is a limited company (6133849) registered in England and is the sole trustee of The Walcot Educational Foundation (312800), The Hayle's Charity (312800-1), The Walcot Non Educational Charity (312800-2) and the Cynthia Mosley Memorial Fund (312800-3)
Vertical Divider
Subscribe to eNews | Grantee feedback
Donate online | Cookies policy | Governor pages
We are a London Living Wage Employer and a
Living Wage Funder | Tenant resources
Safeguarding

(c) The Walcot & Hayle's Trustee 2005-2019