Vector first corporate business accredited as living wage employer

Jon Howard
November 7, 2017

As it is calculated by the real cost of living, the "real" living wage is consistently higher in London than it is elsewhere in the United Kingdom - great news for anyone paying a grand a month for a cupboard in Zone 4.

More than two in five (42%) part-time workers in the United Kingdom earned less than the living wage compared to almost one in six (13%) full-time workers, with part-time roles three times more likely to pay below £8.45 an hour, or £9.75 in London.

Katherine Chapman, of the Living Wage Foundation, said: 'The new rates will bring relief for thousands of United Kingdom workers being squeezed by stagnant wages and rising inflation'. "It's thanks to the leadership of over 3,600 employers across the United Kingdom who are committed to paying all their staff, including cleaners and security staff, a real living wage".

More than 3,600 employers signed up to the rates, which are higher than the statutory National Living Wage of £7.50 for over 25-year-olds.

These new rates are £1.25 an hour more than the Government-set national living wage for over-25s nationwide, and £2.70 more an hour in London. "These new rates would make a big difference to Britain's lowest-paid, and they would help families keep their heads above water".

The Living Wage Moment are bringing on board Auckland electricity and gas distributor Vector Limited as an accredited Living Wage employer.

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A damning study has today revealed one in five Brits are now trapped in working poverty as inflation continues to outpace wage growth.

Heathrow Airport is one of the latest companies to announce their commitment to paying the wage.

Oxford City Council has announced a new Oxford Living Wage rate of £9.69 an hour, which will apply from April 2018.

"Extending the living wage is vital".

TUC general secretary Frances O'Grady urged more employers to sign up.

On the decision, managing director of Lidl Ireland and Northern Ireland John Paul Scally said: "At Lidl we are in a fortunate position that the last few years have seen our business go from strength to strength in Northern Ireland". You can check which companies are signed up on the Living Wage Foundation website.

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