Research: Life on Low Pay
Key findings:
- 71 per cent said they worried so much [about money] it affected their day to day life.
- 43 per cent said they had fallen behind on household bills.
- 22 per cent had taken out a payday loan to cover essential purchases.
- However, 78 per cent said that being paid the real Living Wage – an independently calculated year-on-year pay rate based on what people need to get by – would improve their mental health.
- 84 per cent said being paid the real Living Wage would improve their overall happiness.
Polling conducted by Survation of 1,016 UK parents working full time and earning less than the real Living Wage.
