The Living Wage Foundation is pleased to announce that toogoodtowaste, has recently been accredited as a Living Wage employer.
The Living Wage commitment will see everyone working at toogoodtowaste, regardless of whether they are permanent employees or third-party contractors; receive a minimum hourly wage of £8.45 - significantly higher than the national minimum wage of £6.95 and the new minimum wage premium for over 25s of £7.20 per hour introduced this April.
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.
Shaun England, Chief Executive Officer at toogoodtowaste says, “We are delighted to be part of this great initiative to help our employees, one of the greatest challenges that we face in these changing times is poverty amongst those working. The living wage helps towards tackling that issue and helping our loyal workforce.”
Employers choose to pay the Living Wage on a voluntary basis. The Living Wage enjoys cross party support.
Living Wage Foundation Director, Katherine Chapman said: “We are delighted to welcome toogoodtowaste 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 nearly 3,000 leading employers, including toogoodtowaste, 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 Living Wage is not good for business. Customers expect better than that."