CVS Inverclyde has become one of the first organisations in Scotland to become an accredited Living Wage Employer. The Living Wage is an hourly rate set independently and updated annually, based on the cost living in the UK. The Living Wage campaign has been running for ten years and has lifted over 45,000 people out of poverty.
An independent study of the business benefits of implementing a Living Wage policy in London found that more than 80% of employers believe that the Living Wage had enhanced the quality of the work of their staff, while absenteeism had fallen by approximately 25%. 66% of employers reported a significant impact on recruitment and retention within their organisation. 70% of employers felt that the Living Wage had increased consumer awareness of their organisation's commitment to be an ethical employer.
Ian Bruce, Executive Officer at CVS Inverclyde, said "Paying the Living Wage is consistent with CVS Inverclyde's values – recognising that everybody's contribution is valuable and setting pay accordingly"
Rhys Moore, Director of the Living Wage Foundation, said "The benefits the Living Wage brings to staff and business are clear. I welcome the leadership shown by CVS Inverclyde on this important issue."
To find out more about becoming an accredited Living Wage Employer visit www.livingwage.org.uk