by GK Strategy 6th November, 2018

Living Wage Week : Why GK is proud to be a Living Wage Employer

Happy Living Wage Week! What’s that I hear you ask? The week-long celebration is part of the campaign for everyone to be paid a Living Wage. Living Wage Week occurs annually at the beginning of November. It is something GK is very proud to be part of as an official Living Wage Employer. Let me explain further.

You may have heard of the National Living Wage, a rate set by the Government since 2016 which is a higher minimum wage rate for all staff over 25 years of age. It is currently £7.38 an hour, which is 55-60% of median earnings in the UK. As the cost of living increases, The Living Wage Foundation campaigns for a higher Real Living Wage to support workers to live more comfortably. For 2017-2018, The Living Wage Foundation set the Real Living Wage at £8.75 across the UK and £10.20 in London. This rose to £9 an hour across the UK this week, and to £10.55 in London. New rates are released each year during Living Wage Week. It is important that the rates are updated frequently so that the Real Living Wage reflects rising living costs.

The Real Living Wage is completely voluntary, but so far over 4,400 UK businesses have signed up – including GK. We do this because we value the people in our business. We want to ensure they are paid well for their hard work.

Living Wage Week is a celebration of this movement. Politicians from all parties show their support, and businesses who are involved get together at special events. This year it’s great to see high-profile figures such as the Mayor of London getting behind the cause and attending events. Hopefully, with persuasive people like Sadiq Khan supporting the Foundation, more and more businesses will join GK in paying a Real Living Wage.

See more articles by GK Strategy

sort news by category

Insight, Strategy, Impact,

apprenticeships, awards, B2G, Biden, Bills, Blueprint, bolt on, Boris, Boris Johnson, Brexit, business, careers, climate change, climate crisis, clinical trials, commissioning, Communications, Consumer, consumer demands, COP, covid, COVID 19, Crisis comms, culture, d, David Laws, defence, Deregulation, Devolution, Digital, Disruption, diversity, Due Diligence, economic policy, Education, elections, Energy, Energy and Environment, engagement, Environment, Equality, ESG, EU, europe, exit plan, Financial Services, general election, General News, gig economy, GK culture, gk report, Government, government affairs, Health, health & Care Bill, health and care, health and social care, health funding, health insights, Healthcare, Hendy, housing, HS2, i have a voice, infrastructure, insight, insight report, insights, integrated review, internship, Investment, Investor, Investor Backed Businesses, Investor Services, investors, Ioan, Jack Sansum, Jeremy Corbyn, job, labour conference, Labour market, Legislation, legistation, levy, life sciences, local government, lockdown, medical devices, Medicines, membership bodies, mental health, mental health services, nationalisation, NHS, no, No deal, parliament, pharma, pharmaceuticals, Planning, policy, Political Due Diligence, Politics, Pride Month, Prime Minister, Private Equity, Privatisation, Public Affairs, Public Relations, Public spending, Queen's Speech, rail, recruitment, REF, regulation, sales, Scotland, Scott, Select Committee, select committees, skills, Social Care, Spending Review, Strategic Communications, students, sustainability, Tax, Technology, The Conservative Party, The Labour Party, trade bodies, transformation, Transport, uk, UK Politics, university, US, US election, Wales, Waste, Winter Plan, women, Workplace,