We are pleased to announce that we will be increasing our hourly rate of pay in line with the Living Wage Foundation’s newly recommended rate of £8.45.
Stockport Homes became an accredited Living Wage employer in 2016 and was a member of a pioneering group of nearly 3000 employers paying the real Living Wage.
Di Laming, Head of People and Organisational Development at Stockport Homes, said:
We are proud to support the real Living Wage and to implement the recommended rate so that all our employees can afford to live with dignity but this also helps our business by improving motivation, and retaining and attracting a quality workforce.
The real Living Wage is independently calculated based on what employees and their families need to get by. The new rates as announced by the Living Wage Foundation on the 31 October 2016 will apply to all our staff.
Katherine Chapman, Director of the Living Wage Foundation, said:
Business by business and organisation by organisation our employers are voluntarily choosing to close the pay gap in the UK between what people need to live on and the government minimum that every employer has to pay. Today’s increase in the real Living Wage will mean thousands of employees around the country will get a much needed increase to their pay packet to help them meet the cost of living. That’s the difference paying the real Living Wage makes. During Living Wage Week we celebrate the leadership of those great Living Wage employers who make this possible.