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Increased Cost of Living – The Real Living Wage in FM

The FM profession is increasingly aware and focused on the difference it can make for the people who work, live and stay in buildings of all types, in a range of areas such as wellbeing, comfort, flexibility and accessibility, to name but a few.

Increased Cost of Living – The Real Living Wage in FM

As inflation hits the highest levels seen in decades, research by the Living Wage Foundation suggests that, even with the recent rise in National Living Wage, this still leaves the UK’s lowest-paid workers hundreds of pounds away from a wage that meets the cost of living, and thousands under for workers in London.

Analysis found that a UK worker earning the National Living Wage would need an extra £780 each year to bring their income in line with the real Living Wage. This difference amounts to three months (13 weeks) of food bills or ten weeks of housing costs, according to national averages.  

There are currently 4.8 million jobs below the real Living Wage in the UK, equating to one in six workers.

Almost 10,000 UK employers in total have signed up to pay the real Living Wage, the only wage rate calculated according to the cost of living in London and the UK.

This includes companies such as Compass Group, The British Cleaning Council, Cleanology, BAM Facilities Management, Corps Security and EMCOR.

The FM profession is increasingly aware and focused on the difference it can make for the people who work, live and stay in buildings of all types, in a range of areas such as wellbeing, comfort, flexibility and accessibility, to name but a few. This document talks about how to implement the Living Wage into FM contracts and what it means for the profession.

IWFM Living Wage Report