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  1. ITV Report

Living wage for Wales hourly rate increases to £8.75

Credit: Gareth Fuller/PA Wire/PA Images

Thousands of workers have received a pay rise as the living wage for Wales hourly rate increases to £8.75.

The living wage for Wales - not to be confused with the minimum wage - is the calculated amount an individual needs to cover the basic costs of living.

The Living Wage Foundation, which promotes it, says workers in Wales must earn at least this amount if they are to make ends meet with dignity.

It comes as figures suggest almost a quarter of workers here are still earning less than this.

What is the living wage for Wales?

  • An hourly rate of pay set independently and updated annually - not the UK government's national living wage.
  • The rate has increased from £8.45 by 30p, which is a 3.6% rise on last year.
  • More than 100 employers here have made the commitment to the living wage for Wales and an estimated 5,000 workers have received a pay rise as a result.

The new rate announced today will bring relief for thousands of Welsh workers being squeezed by stagnant wages and rising inflation. It's thanks to the leadership of employers across Wales who are committed to paying all their staff, including cleaners and security staff, a real living wage.

Great Welsh businesses know that, even during these tough times, not only is fair pay the right thing to do, but paying the living wage for Wales brings big benefits. Nine out of ten accredited living wage employers report real benefits - including improved retention, reputation, recruitment and staff motivation.

– Katherine Chapman, Living Wage Foundation Director