Money talks | More than 6 million jobs pay less than 'real' living wage despite incentives

The number of jobs failing to pay workers ‘real’ living wage has increased to more than six million, which has raised questions about the ‘quality’ of work on offer in the UK.

The latest analysis from The Office for National Statistics (ONS) shows that just under three million full-time and 3.3million part-time jobs are paying less than people need to meet the costs of living.

Previously, Ian Brinkley, Acting Chief Economist at CIPD, questioned whether work on offer in the UK was actually of a high quality – a question pertaining to the underpaid, low-hours or insecure nature of current work. This is despite the UK being near record low unemployment.

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In 2016, the Government started a phased rebrand of the minimum wage to the living wage. It currently stands at £7.83-an-hour for employees over the age of 25 and £7.38-an-hour for those under 25.