![](\"https:\/\/www.thesun.co.uk\/wp-content\/uploads\/2023\/09\/close-up-ten-twenty-pound-818778910.jpg\")
<\/p>\nHALF a million workers employed by more than 14,000 companies paying the real living wage will get a pay boost from today.<\/p>\n
More than 460,000 employees will see their hourly rate hiked by 10%.<\/p>\n
<\/p>\n
The\u00a0Living\u00a0Wage\u00a0Foundation said its rates will increase to \u00a312 an hour outside London \u2013 a rise of \u00a31.10. <\/p>\n
Those in London will see their hourly rate rise from \u00a311.95 an hour in the capital to \u00a313.15 \u2013 a \u00a31.20 increase.<\/p>\n
The foundation said the 10% rise, coming into effect today, reflects \u201cpersistently high costs\u201d for low-paid workers.<\/p>\n
The rates are separate from the government's national living wage, which sets the minimum hourly rate at \u00a310.42 an hour for workers over the age of 23.<\/p>\n
The national minimum wage is also set by the government and it is the minimum pay per hour for workers under the age of 23.<\/p>\n The Real Living Wage Foundation\u00a0sets the hourly rates for the voluntary real living wage scheme.<\/p>\n Companies can then choose to sign up to pay their employees this amount – so it's\u00a0not a legal requirement that you have to be paid the real living wage.<\/p>\n The rates are calculated based on data about the cost of living in London and in the UK.<\/p>\n <\/span><\/p>\n <\/span><\/p>\n <\/span><\/p>\n <\/span><\/p>\n Companies paying the real living wage include Aviva, Nationwide, Brewdog and Heathrow Airport.<\/p>\n You can find out\u00a0which companies are signed up to pay the Real Living Wage\u00a0on the foundation's website.<\/p>\n More than two in five low-paid workers say they regularly use a food bank and almost as many report falling behind on household bills, said the foundation.<\/p>\n Living\u00a0Wage\u00a0Foundation director Katherine Chapman said: \u201cAs inflation eases, we cannot forget that low-paid workers remain at the sharp end of the cost of living crisis.<\/p>\n \u201cLow-paid workers continue to struggle with stubbornly high prices because they spend a larger share of their budget on food and energy.<\/p>\n \u201cThese new rates are a lifeline for the 460,000 workers who will get a pay rise.\u201d<\/p>\n Meanwhile, we reveal when the next cost of living payment is set to be made.<\/p>\n Plus, Martin Lewis has revealed an easy way for anyone on Universal Credit to slash their monthly household bills.<\/p>\n![](\"https:\/\/www.thesun.co.uk\/wp-content\/uploads\/2023\/10\/VP-GRAPH-REAL-WAGES-17-OCT-1.jpg\")
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