5m Britons earn less than living wage

The research for accountants KPMG suggested that 5.2 million of British workers are paid less than the living wage, a pay packet that enables a basic standard of living.

According to the report, which highlighted the British government’s failure in helping millions of working families, nearly three-quarters of Britons, aged 18 to 21, now earn below the living wage.

British women are also paid below this level, which currently stands at £8.55 in London and £7.45 elsewhere.

Moreover, some 27 percent of women are not paid the living wage compared with 16 percent of men.

The KPMG report also revealed that part-time workers are far more likely to receive low pay than full-time workers, with 43 percent of them being paid below living-wage rates compared with 12 percent of full-time workers.

The charity Save the Children also announced that the number of children living in families with below the living wage earnings has risen from 1.82 million in 2010-11 to 1.96 million a year after.

Britain is among countries that pay the lowest on average as compared to the cost of living.

“Britain has a sorry story to tell on low pay. Only a handful of our close competitors do worse and the large majority has much lower rates of low pay – sometimes half as much,” Matthew Whittaker, senior economist at the Resolution Foundation had once said.

MOS/HSN/HE

Source Article from http://www.presstv.ir/detail/2013/11/03/332700/5m-britons-earn-less-than-living-wage/

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