The Living Wage commitment will see everyone working at Evergreen Care Bexley, regardless of whether they are permanent employees or third-party contractors; receive a minimum hourly wage of £9.75 – significantly higher than the national minimum wage of £6.95 and the new minimum wage premium for over 25s of £7.20 per hour introduced this April.
The Living Wage is an hourly rate set independently and updated annually. The Living Wage is calculated according to the basic cost of living using the ‘Minimum Income Standard’ for the UK. Decisions about what to include in this standard are set by the public; it is a social consensus about what people need to make ends meet.
“I am pleased to announce that Evergreen Care Bexley has just been accredited as a Living Wage Employer. Our ethos has always been to look after our staff as well as we look after our clients. By becoming a Living Wage Employer, we are showing our appreciation to our staff for the hard work and dedication they have shown to their clients and to Evergreen -work that positively impacts our isolated, lonely or vulnerable clients which extends to their friends and families lives.”
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.
Living Wage Foundation Director, Katherine Chapman said: “We are delighted to welcome Evergreen Care Bexley to the Living Wage movement as an accredited employer.
“The best employers are voluntarily signing up to pay the Living Wage now. The Living Wage is a robust calculation that reflects the real cost of living, rewarding a hard day’s work with a fair day’s pay.
“We have accredited nearly 3,000 leading employers, including Evergreen Care Bexley, ranging from independent printers, bookshops and breweries, to well-known companies such as Nationwide, Aviva and SSE. These businesses recognise that clinging to the National Living Wage is not good for business. Customers expect better than that.”
|The National Minimum Wage
(including the ‘national living wage’)
|The Living Wage
| The legal minimum an employee can earn in an hour. Employers break the law if they fail to pay this rate
| A voluntary rate that employers commit to pay in order to go above and beyond. The Living Wage Employer Mark is a sign of best practice
| The ‘national living wage’ rate is set at £7.20 an hour|| The current UK Living Wage is £8.45 an hour.
The current London Living Wage is £9.75 an hour
| This will increase each year, with the aim of reaching 60% of the median wage across the country by 2020 (this would mean around £9 an hour but the Low Pay Commission will consider what the market can bear)
| This will increase in line with the cost of living with increases announced in Living Wage Week every year
| Different rates apply depending on the age of the employee. The ‘national living wage’ is for over 25s only
| The Living Wage is the same for all employees over the age of 18
| Set by the Low Pay Commission|| Set by the Living Wage Foundation
| Based on an estimation of what the market can bear|| Based on the cost of living|
| The rates are the same right across the UK|| There is a separate rate for London to reflect the higher cost of living in the Capital|