Living Wage week a big success
Last week saw events taking place around the country in support of Living Wage Week, to coincide with the new increased rates that apply throughout the UK.
From 6 November, the London Living Wage is £10.20 per hour, which covers workers in all boroughs in Greater London. The UK real Living Wage for workers outside of London is £8.75.
The rates are calculated annually by the Resolution Foundation and overseen by the Living Wage Commission, based on the best available evidence about living standards in London and the UK.
There is inevitably some confusion between the various terms and rates referred to, and their status in law. The Living Wage Commission have produced a useful summary chart to explain the differences between the National Minimum Wage (NMW), the National Living Wage, and the real Living Wage.
International Workplace was represented by Managing Director, David Sharp, at the Living Wage Week breakfast seminar for service providers in the facilities management sector, which took place in London. The event proved to be a very busy session led and attended by representatives from the BIFM and service providers such as ISS Facilities Services and Not Just Cleaning.
“What was clear from the seminar was that paying the real Living Wage made absolute business sense for all of the organisations in the room. If there was a downside, it was that there was a sense of preaching to the converted. On the upside – and it was a major upside! – there were a lot of employers in that room, with a lot of employees – and an even bigger list of clients and suppliers.
“International Workplace pays the real Living Wage but we had not really thought about the benefits of making a formal commitment to it. We are addressing that and intend to register as a Living Wage Employer soon.”
More information about the Living Wage, including the rates and the reasons why it makes good business sense to pay it, can be found at the Living Wage Foundation website.