Number of employers paying higher voluntary living wage tops 4,000
PUBLISHED: 08:36 27 March 2018 | UPDATED: 08:36 27 March 2018
Archant Norfolk 2017
There are now 4,000 UK employers paying the voluntary living wage.
Chemicals company Croda is the latest firm to be accredited to the Living Wage Foundation, and commit to pay an hourly wage of at least £8.75 to staff and contractors outside London.
This is more than the government’s national minimum wage of £7.50 for over 25-year-olds.
Croda is the 35th FTSE 100 firm to be accredited.
Chief executive Steve Foots said: “We want to pay a fair and reasonable wage across all of our operations.
“It is part of being a socially responsible and ethical business.
“This is an important aspect of our investment in people, which includes training and development, share-saving schemes and pension benefits, to name a few.”
Tess Lanning, director of the Living Wage Foundation, said: “We’re delighted to welcome Croda as the 4,000th member of the movement of employers, organisations and individuals that campaign for a real living wage based on what people need to make ends meet.
“By taking a stand to ensure their employees earn a wage they can live on, Croda is helping to set the bar for others within the manufacturing industry.
“We now want to see others follow suit and commit to pay a fair day’s pay for a hard day’s work.”
The Living Wage in London is £10.20 an hour.
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