Resolution Foundation Analysis

Report: A new settlement for the low paid

"Low-paid workers deserve a post-pandemic settlement of higher pay and greater control over their work" Download

This report covers the following:

  • More frequent pay helps employee finances and wellbeing
  • The number of the lowest paid workers being paid weekly has more than halved
  • Lowest paid workers on average lending their employers an extra £120 million
  • Workers should have the right to choice how regularly they are paid

Low-paid workers deserve a post-pandemic settlement of higher pay and greater control over their work

This report by the Resolution Foundation shows the impact on financial wellbeing that inflexible wage cycles have on workers. Touching on one of the leading causes of financial insecurity, the Resolution Foundation recommend that workers should have the right to choice how regularly they are paid.

This report finds that over the last two decades the number of the lowest paid workers being paid weekly has more than halved from 44 per cent to just 17 per cent – equivalent to moving 744,000 workers from being paid weekly to monthly. This shift has received no discussion or debate, despite it being the equivalent of the lowest paid workers on average lending their employers an extra £120 million.

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