Hi everyone,
About minimum wage in the UK.
http://www.bbc.com/news/uk-34691404**********************
Almost six million workers in the UK are paid less than the living wage, a study suggests.
The data showed a "worrying trend" of part-time, female and young workers being most likely to earn below the figure, researchers found.
The living wage, promoted by the Living Wage Foundation, is currently £7.85 an hour and £9.15 in London. It is not compulsory for employers to pay it.
The government said it was "determined to move to a higher wage economy".
The accountancy firm KPMG said its research showed that the proportion of workers earning less than the living wage had risen for three years in a row.
The wage is well above the compulsory national minimum wage, and more than the new national living wage which the government has announced will come into force next April.
"The figures show there is still more to be done if we are to eradicate in-work poverty. For some time it was easy for businesses to hide behind the argument that increased wages hit their bottom line, but there is ample evidence to suggest the opposite, in the shape of higher retention and higher productivity.
"It may not be possible for every business, but it is certainly not impossible to explore the feasibility of paying the living wage."
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Before some one asks....I have no comments on this. Just thought it might be of interest to some of you.
Cheers.
Sriram
