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NEWS: One third of UK's FTSE 100 businesses are Living Wage Employers

One third of the UK’s top companies are now accredited Living Wage employers after drinks giant Diageo became the 33rd FTSE 100 company to sign up for accreditation.

Diageo, a global leader in beverage alcohol employing around 5,000 staff in the UK, announced that it has joined the Living Wage movement this week.

With household name brands including Johnnie Walker, Smirnoff, Guinness, Tanqueray and Gordon’s Gin, Diageo’s Living Wage commitment sees all staff, direct employees and any third-party contracted staff, receive a minimum hourly wage of £8.45 in the UK or £9.75 in London. These rates are higher than the government’s current statutory minimum wage for over 25s of £7.50 per hour.

FTSE 100 Living Wage Employers paying all staff a real Living Wage:

  1. 3i Group plc
  2. Anglo American Services UK Ltd
  3. Ashtead Group
  4. AstraZeneca PLC
  5. Aviva Plc
  6. Barclays Bank PLC
  7. BHP Billiton
  8. British Gas
  9. Burberry
  10. Diageo PLC
  11. Experian PLC
  12. Glencore (UK) Ltd
  13. GSK
  14. HSBC Bank Plc
  15. Informa
  16. ITV plc
  17. Land Securities
  18. Legal and General Assurance      Society Limited
  19. Lloyds Banking Group
  20. London Stock Exchange Group
  21. National Grid
  22. Pearson Plc
  23. RELX Group plc
  24. Royal Bank of Scotland
  25. RSA Insurance plc
  26. Sage (UK) Limited
  27. Schroders
  28. Smith and Nephew
  29.  SSE plc
  30. St. James's Place Wealth Management Group plc
  31. Standard Chartered
  32. Standard Life plc
  33. Unilever

Diageo is a global company, supplying more than 180 countries around the world. The company is listed on both the London Stock Exchange and the New York Stock Exchange.

Scotland is home to Diageo’s largest global manufacturing and supply base, with over 50 sites, including 28 single malt distilleries, while London is home to the company’s global Head Quarters. 

Diageo celebrated their Living Wage Foundation accreditation in Scotland at the company’s cooperage at Cambus near Stirling, where casks are prepared for Scotch whisky maturation, along with Keith Brown MSP, Cabinet Secretary for Economy, Jobs & Fair Work in the Scottish Government. 

David Cutter, the company’s President of Global Supply & Procurement, said:

"Creating shared value for our employees, shareholders and communities is at the heart of everything Diageo does as a business. We value all our employees, working both directly and indirectly at our sites across the UK. For this reason we are pleased to become a Living Wage employer and to support the Living Wage Foundation campaign in the UK."

Director of the Living Wage Foundation, Katherine Chapman, said: 

"It’s great to see the UK’s top businesses leading the way on fair pay: it’s clear that successful brands value their employees and recognise the tangible business benefits of paying the real Living "Wage. We welcome Diageo to the Living Wage movement and applaud them for voluntarily signing up to pay the real Living Wage which is calculated annually to reflect the real costs of living.

The Living Wage movement comprises 3,400 UK employers who choose to go further than the government minimum wage to make sure all their staff earn enough to live on. We have lots of small businesses as well as big household names like; IKEA, Aviva, Chelsea and Everton Football Clubs and many more."

It's clear that successful brands value their employees and recognise the tangible business benefits of paying the real Living Wage.

Katherine Chapman
Director,
Living Wage Foundation

1st September 2017, 18:06
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