More than half a million Yorkshire and the Humber employees earn less than a Living Wage
More than half a million employees across Yorkshire and the Humber are paid less than the Living Wage, according to new research published by KPMG.
The latest figures show 26% of all employees (519,000 people) in the region earn less than £7.85 per hour, the current Living Wage for areas outside of London and the amount experts believe individuals need to earn to cover the basic costs of living.
The worst off are employees in Harrogate, with 34% earning below the Living Wage, while 33% in Hambleton are paid less than £7.85 per hour. This compares to 23% of all employees in the UK, where around 5.84 million people earn below the threshold.
However, both Calderdale and Leeds outperform the national average, with 20% and 21% of employees paid less than the Living Wage.
Nationally, the proportion of workers earning less than the Living Wage has risen for the third year running.
Chris Hearld, KPMG’s North Region Chairman, said: “The past year has seen some notable achievements, with both the number of employers accredited by the Living Wage Foundation and awareness of the issue among the general public increasing.
“However, there is still a significant number of people across the region paid below the Living Wage. With the cost of living still high and household finances being continually squeezed, many are forced to live hand to mouth. The figures released today show that 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. While it can’t go unrecognised that many regional businesses face a number of challenges and it may not be possible for every business, it is certainly not impossible to explore the feasibility of paying the Living Wage and recognise the long-term benefits it brings.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular Yorkshire & The Humber morning email for free.
The rise of an alternative investor model
Bots don't beat personal business coaching
From COVID-19 to the Middle East crisis
How to build credibility in B2B marketing
Is your business ready for the trade union change?
Government 'must take its foot off businesses' throats'
Upskilling key to civil engineering's future
Why apprenticeships are becoming a strategic asset
Business growth requires the right environment
OpenAI decision a wake-up call for our tech plans
Understanding the new Employment Rights Act
Why global conflict is a cyber risk for UK SMEs