

Invisible Worker
Financial Wellbeing Forum
Meet over half of the working world. They are the machine that powers our society - from making your coffee and emptying your bins, to caring for your relatives and delivering your parcels. You might see them as ‘frontline’ or ‘essential’ workers…or you might not see them at all. Invisible Worker explores the financial landscape of our most diligent workforce. By speaking to experts in mobility, inclusion, policy, research and more, we find out where the problems are, and how we can start to fix them. Hosted on Acast. See acast.com/privacy for more information.
Episodes
Mentioned books

Jun 6, 2024 • 35min
Who calculates the Living Wage?
Join our community to access bonus content, the full episode archive, and exclusive opportunities to get involved with the show.A huge thank you to my guest Nye Cominetti, Principal Economist at the Resolution Foundation for coming on to talk about all things related to the Real Living Wage. Here are some links to the research, reports and organisations we covered on the show:Living Wage Foundation - for more information about what they do, how to become accredited and the current ‘real’ living wage.Resolution Foundation - find even more research on living standards and labour markets. Bonus: I highly recommend signing up to their Top of the Charts Friday wrap up newsletter. It’s short, punchy and very, very topical.Report: 20 years of the National Minimum Wage gives a history of the minimum wage as a policy intervention, plus how (and who) it has helped.Report: Calculating the Real Living Wage for London and the rest of the UK: 2023 steps through the methodology that Nye and his colleagues use to calculate the Real Living Wage. Get more detail about the household compositions, the shock absorber, and the interaction with the benefits system. Check out the data tables at the end to do your own analysis like I did!Report: Check out the household budgets that drive the Minimum Income Standard. Flick through one of the budgets to get an appreciation of the detail that goes into calculating the Real Living Wage. Report: Low Pay Commission Report 2023 sets out the evidence the government relies on to set the National Living Wage and National Minimum Wage rates.Latest government minimum wage rates effective April 2024.Finally, we didn’t cover it in the episode, but the Low Pay Britain 2023 report by Nye and his colleagues at Resolution Foundation is a cracking read and I highly recommend it. Hosted on Acast. See acast.com/privacy for more information.

May 30, 2024 • 39sec
Introducing... Invisible Worker Podcast
You might see them as ‘frontline’ or ‘essential’ workers…or you might not see them at all.A podcast exploring the lives of more than half the working world. Hosted on Acast. See acast.com/privacy for more information.


