This episode is around the Real Living Wage. It is the only UK wage rate based on the cost of living. It is voluntarily paid by over 14,000 UK businesses who believe their staff deserve a wage which meets everyday needs - and our guest is the person who calculates this very figure.
Nye Cominetti is the Principal Economist at the Resolution Foundation, an independent think-tank who do fantastic work on improving the living standards for those on low to middle incomes. Nye’s work is dedicated to making pay fairer for these workers. He authors the annual ‘Low Pay Britain’ report, as well as several other papers which dive into the lives, challenges and experiences of low-paid workers in the UK. He is also the man who leads on calculating the Real Living Wage, which has raised the standard of pay in so many businesses across the country.