We’ve been accredited as a living wage employer.
Absolutely chuffed to bits to gain accreditation this week as a Living Wage Employer. Our Living Wage commitment will see everyone working at Tantrwm receive a minimum hourly wage of £9.50. Both rates are significantly higher than the government minimum for over 25s, which currently stands at £8.72 per hour.
Wales is a region with one of the highest proportions of non-Living Wage jobs in the country (21%). Thats around 241,000 jobs paying less than the real Living Wage. Despite this we have committed to pay the real Living Wage and deliver a fair day’s pay for a hard day’s work.
What is the real living wage?
In July 2015 the Chancellor of the Exchequer announced that the UK Government would introduce a compulsory ‘national living wage’. This new government rate is a new minimum wage rate for staff over 25 years old. It was introduced in April 2016 and the rate is currently £8.72 per hour as of April 2019, but will rise to £8.91 in April 2021. The rate is different to the Living Wage rates calculated by the Living Wage Foundation. The government rate is based on median earnings while the Living Wage Foundation rates are calculated according to the cost of living across the UK.
The real Living Wage is the only rate calculated according to the costs of living. It provides a voluntary benchmark for employers that wish to ensure their staff earn a wage they can live on. Not just the government minimum. Since 2011 the Living Wage movement has delivered a pay rise to over 250,000 people, securing over £1.3 billion for low paid workers.
We are incredibly fortunate to have staff that constantly go over and above. Ensuring our clients receive the best product and experience possible. Being able to back this up with being an accredited living wage employer just proves we’re going in the right direction. For our staff and our clients.
Onwards and Upwards.