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 (photo: The Living Wage Foundation)
31.10.2016, 11:21

Champions of The Living Wage

Company News

Winder Power has been chosen as the winner of the 2016 Living Wage Champion Award for the Yorkshire & Humber region, following a rigorous selection process.


Winder Power, the leading UK manufacturer of power and distribution transformers, has been chosen as the winner of the 2016 Living Wage Champion Award for the Yorkshire & Humber region, following a rigorous selection process. Having become a Living Wage employer in 2014 and being one of a pioneering group of nearly 3,000 Living Wage Employers, Winder Power are also delighted to announce that they will be increasing their hourly rate of pay in line with the Living Wage Foundation’s newly recommended rate as of 1st May 2017.

The awards, coordinated by the Living Wage Foundation, celebrates Living Wage Employers that have made great contributions to communities and industries by implementing and recognising the life changing importance of the Living Wage, an hourly rate set independently by the Foundation and updated annually, calculated according to the basic cost of living using the ‘Minimum Income Standard’ for the UK.

The new hourly rates of pay as announced by the Living Wage Foundation this morning will apply to all Winder Power staff, regardless of whether they are permanent employees or third-party contractors; meaning they will receive a minimum hourly wage of £8.45 – significantly higher than the Government’s national living wage of £7.20.

The Living Wage Foundation offers recognition for employers that commit to paying the voluntary Living Wage rates to their directly employed staff and sub-contractors on their premises. There are now over 2,800 employers registered with the Foundation. Decisions about what to include in this standard are set by the public; a social consensus about what people need to make ends meet.

Laurence MacKenzie, Group Chief Executive of Winder Power, said: “We’re absolutely delighted to have won the Living Wage Champion Award for Yorkshire & Humber for 2016. Making a public commitment to be a responsible employer is important for Winder Power as many Winder Power staff are from the local community and we are a proud British manufacturer producing all of our products in Yorkshire. Come May 2017, all of our staff will receive an increase in pay which is 17% higher than the government minimum wage. This not only helps our employees but also helps our business by improving motivation, and retaining and attracting a quality workforce.”

The awards are part of Living Wage Week 2016, a national celebration of responsible pay, running from October 31st-5th November.

Living Wage Foundation Director, Katherine Chapman, said: “Congratulations to Winder Power on becoming a Living Wage Champion Award winner. With over 2,800 employers now signed up, it is wonderful to have Winder Power leading the way in Yorkshire & Humber. 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.”

Commenting on Winder Power’s commitment to the Living Wage, Dennis Spencer, a Winder Power employee said: “Being paid the Living Wage really makes a difference. Just having that extra bit of money in your pocket makes life a bit easier. At the end of the day it all builds up and it helps you to feel valued in your work and happy doing what you’re doing, so it benefits everyone.”

One Champion Award winner has been named in each region of the UK: Scotland; Wales; Northern Ireland; the East Midlands; the West Midlands; the East of England; Yorkshire and the Humber; North East England; North West England; South East England; South West England; and London.

The awards were judged by an independent panel of community leaders from Citizens UK, national community organising charity and home of the Living Wage campaign.

 


About the Living Wage Foundation

The Living Wage is an hourly rate set independently and updated annually. The Living Wage is calculated according to the basic cost of living in the UK. Employers choose to pay the Living Wage on a voluntary basis. The Living Wage enjoys cross party support.

The London Living Wage is currently £9.40 per hour. This figure is set annually by the Greater London Authority and covers all boroughs in Greater London. The UK Living Wage for outside of London is currently £8.25 per hour. This figure is set annually by the Centre for Research in Social Policy at Loughborough University.

The Living Wage Foundation recognises and celebrates the leadership shown by Living Wage employers across the UK. There are currently over 2,800 accredited employers. We are an initiative of Citizens UK. We believe that work should be the surest way out of poverty.


What about the UK Government’s national living wage?

In April 2016 the UK Government introduced a new compulsory ‘national living wage’. This new government rate of £7.20 an hour is a minimum wage premium rate for staff over 25 years old. The rate is separate to the Living Wage rate calculated by the Living Wage Foundation. The Government rate is based on median earnings while the Living Wage Foundation rate is calculated according to the cost of living.


The National Minimum Wage
(including the ‘national living wage’)

The Living Wage

The legal minimum an employee can earn in an hour.

Employers break the law if they fail to pay this rate

 

A voluntary rate that employers' commit to pay in order to go above and beyond. The Living Wage Employer Mark is a sign of best practice

The ‘national living wage’ rate is £7.20 an hour

The current UK Living Wage is £8.25 an hour.

The current London Living Wage is £9.40 an hour

This will increase each year, with the aim of reaching 60% of the median wage across the country by 2020 (this would mean around £9 an hour but the Low Pay Commission will consider what the market can bear)

This will increase in line with the cost of living with increases announced in Living Wage Week every year

Different rates apply depending on the age of the employee. The ‘national living wage’ is for over 25s only

The Living Wage is the same for all employees over the age of 18

Set by the Low Pay Commission

Set by the Living Wage Foundation

Based on an estimation of what the market can bear

Based on the cost of living

The rates are the same right across the UK

There is a separate rate for London to reflect the higher cost of living in the Capital

 

 

 

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