Are you looking to save money?
Are you looking to improve efficiency?
Are you looking for better value?
Do you want a higher quality, more motivated team?
Then maybe it’s time to consider the benefits of the Living Wage!
The Difference Between The National Living Wage & The Living Wage
- In case you weren’t aware the National Living Wage and the Living Wage are actually two different things and are set at two different levels.
- Here’s a brief explanation
- The National Living wage (National minimum wage)
- The National Living Wage currently stands at £7.83 an hour for people aged over 21. However, following the announcement in the Budget, this will increase to £8.21 on April 1st 2019.
- This represents an increase of £0.38 an hour or 4.9%.
- The Government has also committed to raising the National Living Wage to £9.00 by 2020.
- The National Living Wage represents the absolute minimum that workers over 21 are entitled to.
- ServiceMaster Manchester understand that they have a legal obligation and are committed to paying all staff, as a minimum, The National Living Wage.
The Living Wage
Compare the National Living Wage… to the Living Wage.
The Living Wage, calculated by Living Wage Foundation (Livingwage.org) and set according to the basic cost of living is currently £8.75 an hour outside London, £10.20 an hour in London. Paying the Living Wage as opposed to the National Living Wage is purely voluntary.
Whilst the £0.54p (from April 1st 2019) per hour difference between the National Living Wage and the Living Wage may seem relatively insignificant, employers volunteering to pay the Living Wage can experience significant benefits.
Benefits that a number of our clients, enjoy every day.
The Benefits of the Living Wage
- Better quality staff - A larger pool of staff attracted by the improved hourly rate means a better standard of staff can be employed
- Better performing staff - According to Livingwage.org 80% of employers believe that the Living Wage had improved the quality of the work
- Lower absenteeism - A typical 25% reduction in absent staff
- A better, more ethical public profile for you - According to Livingwage.org 70% of employers felt that the Living Wage had increased awareness of their commitment to be an ethical employer
- A longer term, more committed staff - Contractors’ turnover down from 4% to 1%
Even better, our clients also enjoy a range of additional ‘latent benefits’. Added value only accessible through applying the National Wage.
For example - less time handling day to day performance issues means more time for us to closely analyse best practices, to hone the service and less time spent maintaining reliable teams means more time training and more time exploring new cleaning technologies and techniques.
Our clients are far from the only company to boost value from such progressive thinking. Dozens of organisations all over the country have also recognised the advantages delivered by the Living Wage - Aviva, KPMG, Nationwide, Save The Children and Nestle.
Would you like to access those benefits too?
We can talk you through all the latest legal implications, TUPE transfers and explain exactly how we can package a new, premium value cleaning program for your business.