Earning a living wage will alleviate mental health issues: LWF

Offers 'greater financial security'

Hemma Visavadia
clock • 1 min read

Two-thirds (66%) of workers have expressed that earning a wage which covers their basic living costs would improve their mental health, according to a new report by the Living Wage Foundation (LWF).

The report sampled 1,702 British adults over the age of 18, working full-time and earning below the real living wage of £11.05 in London and £9.90 in the rest of the UK. LWF found that nearly one third (32%) of low-paid workers regularly had to skip meals for financial reasons, up from 27% in 2020. A further 28% reported being unable to heat their homes for similar reasons, a rise of 20% on 2020. As well as providing financial stability and alleviating some of the impacts of the rising costs of living, 63% of people said the wage would improve their mental health, including two-thirds...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Employee Benefits

Epassi appoints Antonio Barradas to expand growth

Epassi appoints Antonio Barradas to expand growth

Responsible for UK operations and Zest

Jaskeet Briah
clock 13 August 2026 • 1 min read
New principal international consultant for Everywhen

New principal international consultant for Everywhen

Hannah Parry takes the role

Cameron Roberts
clock 12 August 2026 • 1 min read
Half of employees want more personalised health and wellbeing support

Half of employees want more personalised health and wellbeing support

Vitality research findings

Jaskeet Briah
clock 06 August 2026 • 2 min read