The Living Wage rate is updated annually, to ensure it keeps track of changes in minimum living costs.
The annual update is published in the 3rd quarter each year, to provide adequate notice of any change in the rate to both employees and emloyers, for the year to come.
Implications of Covid-19 for 2020/21 Living Wage update
To date the annual update of the Living Wage has been published in early July.
The publication of the 2020/21 Living Wage rate is postponed to September due to the current challenges posed by the Covid-19 situation.