At the start of national Living Wage Week and just as the local campaign passes 100 members, the Labour Party has proposed a radical plan to boost the number of people paid a Living Wage.
The Brighton Peace and Environment Centre became the 100th business to sign up in the city and two others since then have pushed the total to 102. That represents steady progress against a national campaign figure of just 400 companies.
More than five million people are still paid less than the Living Wage in the UK; a figure that has actually increased by 400,000 over the past year.
In Brighton & Hove the wage is set at £7.45/hour; in London it is £8.55 and both will be reviewed on Monday 4th November. Labour leader Ed Milliband has pledged to give the incentive of a rebate to companies to encourage paying the wage. Under the proposals private firms would be able to claim back about a third of the cost of raising their wages to the living wage - amounting to £445 a year on average per worker, although it could potentially reach £1,000.
The tax rebate will be limited to the first year and will be funded by tax and national insurance payments from the higher wages and subsequently reduced tax credits.
If your company pays the Living Wage or more, sign up to the local campaign spearheaded by the Chamber of Commerce and the city council.
Read related items on:
Brighton & Hove Chamber of Commerce
Brighton & Hove City Council