London Living Wage becoming the 'norm' by 2020(1)

Meeting: 
MQT on 2015-11-18
Session date: 
November 18, 2015
Reference: 
2015/3666
Question By: 
Stephen Knight
Organisation: 
Liberal Democrats
Asked Of: 
The Mayor

Question

Given that London is still the region with the highest number of below-living-wage jobs, and the proportion of jobs paid less than the living wage in London rose to 19% in April 2014, are you on course to achieve your target of the London Living Wage being the 'norm' by 2020?

Answer

Answer for London Living Wage becoming the 'norm' by 2020(1)

Answer for London Living Wage becoming the 'norm' by 2020(1)

Answered By: 
The Mayor

The rise in the proportion of employee jobs earning below the London Living Wage is partly a consequence of the LLW rising faster than both CPI inflation and median earnings.

There are now 735 accredited Living Wage Employers in London, an increase of more than 300 additional employers signing up over the past year. This figure is far in excess my manifesto target of 250, and an enormous increase on the 27 employers who publically backed the LLW when I was elected in 2008.

The Living Wage Foundation has calculated that accredited Living Wage employers have now provided over 30,000 workers in London with the benefits of the LLW since 2011. These workers have been receiving above average pay increases, increases which are faster than the rate of inflation.

I will continue to strongly urge all employers across the capital to sign up to paying their employees the LLW rate.