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As an accredited Living Wage employer Coulson Building Group welcomes the increase in the Living Wage Foundation wage rates, announced on 6th November 2017.
Coulson is in its second year as part of a movement of over 3,500 employers who voluntarily opt-in to paying the real Living Wage. The Living Wage is a voluntary hourly rate set independently and updated annually. It is calculated according to the basic cost of living in the UK and is set at a rate higher than the National Minimum Wage (NMW).
Katherine Chapman, Director of the Living Wage Foundation said:
“Year-on-year, we see organisations and businesses across the UK embracing the real Living Wage as they recognise that a fair day’s pay is not only the right thing so to but can improve the quality of staff’s work, reduce absenteeism and increase motivation and retention.”
“Today’s increase acknowledges that the cost of living continues to rise for workers everywhere and the leadership shown by businesses who welcome this is a cause for celebration during Living Wage Week, sending a positive message to the business community to show what others can achieve.”
For more information about Living Wage Week go to http://www.livingwage.org.uk/living-wage-week