Living Wage Employer
Jenkinsons are delighted to announce that we have been accredited as a Living Wage Employer by the Living Wage Foundation.
This means that every member of staff working for Jenkinsons will earn a real Living Wage. The real Living Wage is higher than the government’s minimum, or National Living Wage, and is an independently calculated hourly rate of pay that is based on the actual cost of living.
Why is Being a Living Wage Employer Important?
At Jenkinsons, we believe that introducing the Living Wage is a long-term investment in our people and our talent. Not only because it is the right thing to do but because it also has a positive impact on the business, increases motivation and retention rates for employees.
What is a Real 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 is the only UK wage rate that is voluntarily paid by over 11,000 UK businesses who believe their staff deserve a wage which meets everyday needs – like the weekly shop, or a surprise trip to the dentist.
Over 300,000 employees have received a pay rise as a result of the Living Wage campaign and Jenkinsons are proud to become a Living Wage accredited employer.
Who are the Living Wage Foundation?
The Living Wage Foundation is the organisation at the heart of the independent movement of businesses and people that campaign for the idea that a hard day’s work deserves a fair day’s pay. They celebrate and recognise the leadership of responsible employers who choose to go further and pay a real Living Wage based on the cost of living, not just the government minimum. Fore more information, please visit www.livingwage.org.uk.
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Jenkinsons are delighted to announce that we have been accredited as a Living Wage Employer by the Living Wage Foundation.
This means that every member of staff working for Jenkinsons will earn a real Living Wage. The real Living Wage is higher than the government’s minimum, or National Living Wage, and is an independently calculated hourly rate of pay that is based on the actual cost of living.
Why is Being a Living Wage Employer Important?
At Jenkinsons, we believe that introducing the Living Wage is a long-term investment in our people and our talent. Not only because it is the right thing to do but because it also has a positive impact on the business, increases motivation and retention rates for employees.
What is a Real 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 is the only UK wage rate that is voluntarily paid by over 11,000 UK businesses who believe their staff deserve a wage which meets everyday needs – like the weekly shop, or a surprise trip to the dentist.
Over 300,000 employees have received a pay rise as a result of the Living Wage campaign and Jenkinsons are proud to become a Living Wage accredited employer.
Who are the Living Wage Foundation?
The Living Wage Foundation is the organisation at the heart of the independent movement of businesses and people that campaign for the idea that a hard day’s work deserves a fair day’s pay. They celebrate and recognise the leadership of responsible employers who choose to go further and pay a real Living Wage based on the cost of living, not just the government minimum. Fore more information, please visit www.livingwage.org.uk.