Press Release: Tritility celebrates commitment to real living wage
PRESS RELEASE – FOR IMMEDIATE RELEASE 2ND SEPTEMBER 2019.
TRITILITY CELEBRATES COMMITMENT TO REAL LIVING WAGE.
Tritility Limited has today been accredited as a Living Wage Employer. Our Living Wage commitment will see everyone working at Tritility receive a minimum hourly wage of £9.00 in the UK or £10.55 in London. Both rates are significantly higher than the government minimum for over 25s, which currently stands at £7.83 per hour.
Tritility is based in the North East, a region with nearly a quarter of all jobs (23%) paying less than the real Living Wage – around 222,000 jobs. Despite this, Tritility has committed to pay the real Living Wage and deliver a fair day’s pay for a hard day’s work.
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 160,000 people and put over £800m extra into the pockets of low paid workers.
Speaking of Tritility’s decision to adopt the living wage commitment, Jonathan Gould, Director said:
“Our staff are our greatest asset and we recognise the value of the extraordinary people who work for us. We are based in an area with high levels of unemployment, underemployment and unstable employment and we are committed to ensuring that our employees are fairly rewarded for the work they do for us
“Our adoption of the living wage commitment, alongside our refusal to hire on temporary or ‘zero-hour’ contracts, and the additional benefits we offer to each of our employees (including private healthcare insurance, dental/optical cashback scheme and gym/wellness membership), demonstrates our commitment to being a responsible employer and making sure that we give back to our colleagues as much as they give to us”.
Tess Lanning, Director, Living Wage Foundation said: “We’re delighted that Tritility has joined the movement of over 4,700 responsible employers across the UK who voluntarily commit to go further than the government minimum to make sure all their staff earn enough to live on.
“They join thousands of small businesses, as well as household names such as IKEA, Heathrow Airport, Barclays, Chelsea and Everton Football Clubs and many more. These businesses recognise that paying the real Living Wage is the mark of a responsible employer and they, like Tritility, believe that a hard day’s work deserves a fair day’s pay.”
Notes to Editors
About the Living Wage
The real Living Wage is the only rate calculated according to what people need to make ends meet. It provides a voluntary benchmark for employers that choose to take a stand by ensuring their staff earn a wage that meets the costs and pressures they face in their everyday lives.
The UK Living Wage is currently £9.00 per hour. There is a separate London Living Wage rate of £10.55 per hour to reflect the higher costs of transport, childcare and housing in the capital. These figures are calculated annually by the Resolution Foundation and overseen by the Living Wage Commission, based on the best available evidence on living standards in London and the UK.
The Living Wage Foundation is the organisation at the heart of the movement of businesses, organisations and individuals who campaign for the simple idea that a hard day’s work deserves a fair day’s pay. The Living Wage Foundation receives guidance and advice from the Living Wage Advisory Council. The Foundation is supported by our principal partners: Aviva; IKEA; Joseph Rowntree Foundation; KPMG; Linklaters; Nationwide; Nestle; Resolution Foundation; Oxfam; Trust for London; People’s Health Trust; and Queen Mary University of London.
What about the Government’s national 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 £7.83 per hour as of April 2018. 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 in London and the UK.