Standard Life announces accreditation as a Living Wage Employer
Standard Life announces that it has received full recognition as a Living Wage Employer in the UK. Standard Life employs over 5,000 people in the UK and all its employees receive as a minimum the UK Living Wage.
The Living Wage Foundation is pleased to announce that today, Wednesday 30th April, one of the UK’s major insurers, Aviva, has committed to pay at least the Living Wage to its entire workforce across the UK.
The Living Wage Foundation is pleased to announce that Nationwide has become the first major high street name to sign up as a Principal Partner, which is a commitment to help encourage other firms sign up to the scheme. Nationwide’s position as a Principal Partner follows the Society’s accreditation as a Living Wage employer.
A summit hosted by Living Wage champion Guy Opperman, MP for Hexham, and KPMG Newcastle, saw Living Wage Employers across the North East come together to celebrate recent Living Wage successes in the region.
In the last year the problem of in-work poverty has been underlined by research which estimates that there are now 5.24 million people being paid less than the Living Wage, an increase of around 400,000 from an estimated 4.82 million in 2012’s report. This highlights the fact that whilst the Living Wage has grown rapidly and successfully as a concept, wider take-up is needed if more people are to earn a wage that supports a basic standard of living.