The Living Wage Foundation is pleased to announce that Core, has been accredited as a Living Wage employer
The Living Wage commitment will see everyone working at core, regardless of whether they are permanent employees or third-party contractors and suppliers; receive a minimum hourly wage of £9.40 – significantly higher than the national minimum wage of £6.70. Core pride themselves on their dedication to their employees and pledge to pay all of their staff the London Living Wage.
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.
“This is great news for all of the staff at core. We are delighted to recognise core as a London Living Wage employer. I think it shows our commitment to our employees and that core really values their staff.” Elaine Callanan, Office & Employee Engagement Manager, Core
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, Sarah Vero said: “We are delighted to welcome core 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.
“We have accredited over 2,000 leading employers, including Core, 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. ”