The rates announcement
The new 2023-24 real Living Wage rates were announced on the 24th October as £13.15 in London. Find out more here.
Living Wage Week is the annual celebration of the Living Wage movement. Ever so more important with spiralling prices and a cost of living crisis.
This year there was a Tri borough event hosted by Goldsmith University. The statistics are shocking and show the ever more need for the movement.
1 in 6 UK employees earns below the real Living Wage
Low Pay is a gender issue.
Nearly 1 in 5 women in work earn below the real living wage.
2 in 3 Children in poverty have a parent in work
60% of low paid workers have used a food bank in the last year, with 39% regularly skipping meals.
Maya the Co founder of Lewisham's Mont 58 Coffee spoke of the benefits of being an employer and to the employees paying the London Living Wage , such as:
Staff loyalty, trust and commitment.
lower employee absence
happier and more adaptable staff
increased ability of staff to provide for themselves and their families
increased consumer awareness of the commitment of businesses to being ethical employers.
If you are a Lewisham Business there's potential to have reduced business rate discounts up to £6000 * So if you are passionate about helping tackle pay, food and living insecurity and committing to decent employment there has never been a more important time to get accredited with additional offers of the new Hours and Living Pension schemes. If you are a Lewisham business and would like to become accredited please click below and join the growing movement.
*Businesses will receive up to £6000 of business rates when they first sign up to be an accredit Living wage business. They will also receive regular support for the jobs and skills team if you need any help or further advice contact us on business@Lewisham.gov.uk
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