Portt & Co is an accredited Living Wage Employer!
We’re delighted to share the news that we have received our Living Wage Employer accreditation.
Katherine Chapman, Director, Living Wage Foundation said: “We’re delighted that Portt & Co has joined the movement of almost 9,000 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 Burberry, Barclays, Everton Football Club and many more. These businesses recognise that paying the real Living Wage is the mark of a responsible employer and they, like Portt & Co, believe that a hard day’s work deserves a fair day’s pay.”
What is a Living Wage Employer?
As an accredited Living Wage employer, we are committed to paying the Real Living Wage, which is more than the Government minimum.
The Real Living Wage is the only rate of pay calculated according to the actual costs of living.
Unlike the National Living Wage which is statutory, the Real Living Wage is voluntary and paid by organisations, like us, who believe their staff deserve fair pay for a their work.
What is the Real Living Wage rate?
The new Real Living Wage rate is £9.90 in the UK and £11.05 in London, this rate was introduced on Monday 15th November 2021.
Accredited Living Wage Employers should have implemented the increase as soon as possible, with all employees receiving this by 15th May 2022 at the latest.
When did the Living Wage start?
Since the movement began in 2011, it has delivered a pay rise to over 300,000 people and put over £1.6 billion extra into the pockets of low paid workers.
What else do I need to know?
The Living Wage applies to those over the age of 18 regardless of the hours they work, but the accreditation does not require this to paid to volunteers or apprentices.
The London rate is based on the best available evidence and knowledge of living standards in the capital. It covers all boroughs in Greater London.