The Living Wage Foundation is pleased to announce that Quarterbridge is now accredited as a Living Wage employer.
The Living Wage commitment will see everyone working at Quarterbridge, regardless of whether they are permanent employees or third-party contractors and suppliers; receive a minimum hourly wage of £7.85 – significantly higher than the national minimum wage of £6.50.
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.
“Earning the living wage is a basic right for any employee who puts in a good day’s work.”
Quarterbridge Managing Director, Raymond Linch said: “Earning the living wage is a basic right for any employee who puts in a good day’s work. We value our staff and the efforts they make towards the success of the company and we are very proud to have our commitment to them accredited by the Foundation.”
Employers choose to pay the Living Wage on a voluntary basis.
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, Rhys Moore said: “We are delighted to welcome Quarterbridge 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.
“..the national minimum wage is not good for business”
“We have accredited over 1,000 leading employers, including Quarterbridge, 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 minimum wage is not good for business. Customers expect better than that. ”
For more information on The Living Wage Foundation: www.livingwage.org.uk