Corporate Social Responsibility
Living Wage Foundation
The Living Wage Foundation is a campaigning organisation in the United Kingdom which aims to persuade employers to pay a living wage.
In April 2016 the government introduced a higher minimum wage rate for all staff over 25 years of age inspired by the Living Wage campaign – even calling it the ‘national living wage’.
However, this wage is not calculated according to what employees and their families need to live. Instead, it is based on a target to reach 66% of median earnings by 2024. Under current forecasts, this means a rise to £10.50 per hour by 2024 and from 2021 was adjusted to include those over 23 years old. The government minimum takes into account what is affordable for businesses.
The real Living Wage rates are higher because they are independently calculated based on what people need to get by, regardless of age.
That’s why we are committed to ensure that all employees and third-party contractors (such as cleaners) earn a wage that meets the costs of living, not just the government minimum. We are committed to a community that review the real living wage annually and implement changes accordingly because it is ethically the right thing to do. This commitment not only benefits our local community but also drives better pay standards in the retail/wholesale market.