Just seen snippets of this around but here are a couple of articles I had a read through today. Living Wage rise: Tens of thousands of low-paid workers boosted as hourly rate goes up 25p - Mirror Online - Mirror hails it as a positive thing with remarks from small business federation about not being able to afford it. A higher minimum wage is an easy answer that won't work - Telegraph - Telegraph talking mainly about the commercial disadvantages of higher minimum wage. Wage inequality rises across the UK | Money | guardian.co.uk - Guardian pointing out wage inequality within the UK, which is typically low paid work vs high paid work, with the argument that high earners are suffering more. Never seen a real discussion about minimum wage benefits on ARRSE but I have heard people around work (and at home, too) talking about plans to increase the living wage, and therefore minimum wage, quite recently so went for a snoop. Not sure how I feel, to be honest. Instinct as a minimum wage earner dictates that I should be punching the ceiling because politicians are looking into the possibility of giving me and people like me more money but at the same time I understand that there are disadvantages. Firstly, I'm worried that I might not have understood this correctly. Am I correct that 'living wage' is as measure of how much you SHOULD earn to live comfortably and that minimum wage is just the standard legal minimum rate that employers must pay? I've pointed out that in the right circumstances you can live on minimum wage, depending on your purchases and how you choose to live. It's not very hard. Just don't pay out more than you earn and budget - everybody does that regardless of what they earn. Even if you pull in £150,000 per year, you need to budget. People on here have made arguments in other threads that many folk have a tendency to live outwith their means and MUST HAVE the latest gadgets or technology or whatever else could be considered a luxury and I would agree with that. Many friends of mine, who make the same money that I do, are now in their late 20s and can't afford to move out of their parent's house despite working full time because they must have each new iPhone release or go on holiday twice per year with friends. This idea of living wage is something I've only just started reading into. At first it seemed unfair that if you lived in London, you would simply earn more even if you did the same job that I did but as I came to understand it a little better, I realised that rent and other such things are higher in the city and that's why this is the case. So living costs are said to differ around the country - which makes sense. What worries me about that is if there is a focus on just London then people who are living comfortably enough elsewhere (i.e. me) will start raking cash from employers - employers who might not be able to afford it - based on city politics. Being a minimum wage pleb type, I think I would rather have an incentivised job than simply earn more money. If somebody, somewhere, promotes me then yes, my wage should go up but otherwise, in my current position, I don't see what's wrong with a bonus or award scheme from companies. Jarrod is right when he tells me that the company don't care - I get that. But if they did, the better way to show it would be to reward hard work when it occurs as opposed to just increasing the wage because the government told them that they had to do it. Thoughts from anyone? Minimum wage - good or bad? And, given cost of living these days, do you think that the minimum wage should rise?