The Wates Group’s facilities management division, Wates FM, has achieved Recognised Service Provider status with the Living Wage Foundation and will be working with them to promote the Living Wage in the sector.
As a Recognised Service Provider, Wates FM will now work with its supply chain and clients to promote the Living Wage employer standards. This includes a commitment to offer a Living Wage bid alongside every market rate for all prospective and current clients, giving clients the choice to implement the Living Wage at point of tender.
Currently, the real Living Wage is voluntarily paid by over 5,500 businesses across the UK. There are over 130 additional Recognised Service Providers championing the real Living Wage, requiring them to promote the Living Wage to all clients and ensure the UK and London Living Wage are paid to directly employed staff and subcontracted employees on contracts where the client chooses to implement the Living Wage.
James Gregg, Managing Director of Wates FM, said: “We’re extremely proud to receive the Recognised Service Provider certification from the Living Wage Foundation. Wates FM works hard to ensure fair payment to our employees and our supply chain partners, and securing the Living Wage status is an acknowledgement of this long-standing commitment.
“Our business is reliant on teams who work hard to deliver an impeccable service for our clients. We recognise that for families, communities and businesses to prosper, hard-working people should be paid fairly and the Living Wage supports this principle.”
Katherine Chapman, Director of the Living Wage Foundation, added: “The benefits the Living Wage brings to staff and businesses are clear. Wates FM is one of a number of Recognised Service Providers who have collectively delivered pay rises to over 80,000 workers. That’s hugely important in a sector that accounts for around seven per cent of UK GDP, and I welcome the leadership shown by them in tackling low pay.”
Calculated according to the cost of living, the real Living Wage takes the price of household goods and services into account and is higher than the government minimum and National Living Wage.
For employees aged 18 and over, the Living Wage across the UK is £9.30 and £10.75 in London. Rates are announced early November each year, which employers must implement within six months to retain their status.