Jul 9, 2024 3:39:09 PM
Stobbs becomes a Living Wage Employer
Stobbs becomes a Living Wage Employer

We are pleased to announce that we have been accredited as a Living Wage Employer by the Living Wage Foundation.

Our Living Wage commitment means that all employees in our London office will receive a minimum hourly wage of £13.15, and all employees based in our other offices around the UK will receive a minimum hourly wage of £12. This is higher than the government minimum for over 21s, which currently stands at £11.44 per hour.

Our two largest offices are in Cambridge and London- where 12% and 13.3% of all jobs pay less than the real Living Wage respectively. For this reason, we have committed to pay the real Living Wage and deliver a fair day’s pay for a hard day’s work.

The real Living Wage is the only wage rate calculated according to the costs of living. It provides a voluntary benchmark for employers that wish to ensure their staff earn a wage they can live on, not just the government minimum. Since 2011, the Living Wage movement has delivered a pay rise to over 460,000 people and put £3 billion extra into the pockets of low paid workers.

Giles Betts, People Chief, said "Stobbs is delighted to have been accredited by the Living Wage Foundation as a Living Wage Employer.  Stobbs is a great place to work and we are proud to join the mission to fight against low pay, poverty and increasing inflation."

Katherine Chapman, Director, Living Wage Foundation said: “We’re delighted that Stobbs has joined the movement of over 14,000 responsible employers across the UK who voluntarily commit to go further than the government minimum to make sure all their staff earn enough to live on. They join thousands of small businesses, as well as household names such as Burberry, Barclays, Everton Football Club and many more. These businesses recognise that paying the real Living Wage is the mark of a responsible employer and they, like Stobbs, believe that a hard day’s work deserves a fair day’s pay."


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