What are the National Minimum Wage, National Living Wage and Real Living Wage?

Published On May 30, 2019, 9:32 AM

The Real Living Wage in the UK will increase by 5% benefiting almost half a million workers, with the London Living Wage rising by 5.3%. The National Minimum Wage and National Living Wage also saw increases in April 2024, with the National Living Wage for those aged 21 and over now set at £11.44 per hour. Employees can see substantial annual pay rises based on their age and hours worked. The Real Living Wage is based on living costs and is not mandatory but supported by some businesses. The latest increases aim to aid low-paid workers, with the Living Wage Foundation reporting significant overall increases in wages since its inception.