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Call for more employers to pay 'real living wage'

Call for more employers to pay 'real living wage'

Summary

The article discusses the call for more businesses in Cornwall to pay their employees the "real living wage" to help reduce in-work poverty. While some employers see it as a valuable investment, others, especially in tourism, worry about the financial challenges of implementing it.

Key Facts

  • About 300 businesses in Cornwall currently pay the real living wage, employing around 15,000 people.
  • The national living wage is legally set at £12.21 per hour.
  • Campaigners argue that the real living wage should be £13.45 to cover basic living expenses.
  • Truro Foodbank noted a decrease in aid requests as more employers adopted the real living wage.
  • The real living wage helps businesses attract and retain employees by reducing recruitment and training costs.
  • Paying higher wages poses challenges for some small businesses, especially in sectors affected by weather, like tourism.
  • Employers might need to consider reducing staff or other trade-offs if they commit to the real living wage.

Source Information