Employers choose to pay the Living Wage on a voluntary basis. The Living Wage enjoys cross party support, with public backing from the Prime Minister and the Leader of the Opposition.
The Living Wage campaign has been running for ten years and has lifted over 45,000 people out of poverty. An independent study of the business benefits of implementing a Living Wage policy in London found that more than 80% of employers believe that the Living Wage had enhanced the quality of the work of their staff, while absenteeism had fallen by approximately 25%. 66% of employers reported a significant impact on recruitment and retention within their organisation. 70% of employers felt that the Living Wage had increased consumer awareness of their organisation’s commitment to be an ethical employer.
Rhys Moore Director of the Living Wage Foundation said: “The benefits the Living Wage brings to staff and business are clear. I welcome the leadership shown by Castlefield Capital Limited on this important issue.”
Click here to find out more about becoming an accredited Living Wage Employer.Figures provided by livingwage.org.uk