Structural analysis of hourly wages and current trends in household finances.
Research conducted by Markit for KPMG has found that one in five people (21 percent) in the UK are still earning below the real Living Wage, meaning that that an estimated 5.5 million employees are struggling to get out of in-work poverty.
The total number earning below the real Living Wage is down by 100,000 compared to 2016. This is the first reduction in five years, but still leaves total a million higher than in 2012.
Other key findings are:
Find out more information by downloading the KPMG Living Wage 2017 report.
© 2021 KPMG LLP a UK limited liability partnership and a member firm of the KPMG global organisation of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.
For more detail about the structure of the KPMG global organisation please visit https://home.kpmg/governance.