Living Wage Week 2018
Its Living Wage Week 2018!
Since 2017 NM Group have been recognized as one of a growing number of organizations who voluntarily pay staff a wage that reflects the real cost of living, not merely the government’s minimum.
The Living Wage commitment understands that the governments minimum wage doesn’t represent the costs that many employees face as part of their everyday life. The real living wage is calculated to include basic costs. It is higher than the minimum wage, and is an hourly rate set independently and updated annually.
Kevin Jacobs, MD at NM Group described the company’s commitment to being a Living Wage Employer: “I am very pleased that NM Group are a Living Wage employer. I absolutely believe it is our responsibility to reward the hard work and enthusiasm of our talented workforce”.
NM Group are part of a movement of over 3000 UK employers who together want to go further than the government minimum to make sure all their staff earn enough to live on. The Living Wage makes sense for businesses as well as employees. With 86% of businesses say the Living Wage has improved their reputation and 75% of businesses saying that the Living Wage has increased motivation and retention rates. The only question left to ask is, if you aren’t paying the Living Wage – then why not?!