We believe that running an ethical business is not just about what we do externally (selling Fairtrade products and donating to charity) but also internally, within our own business.
Our staff work hard to continue our business success and growth. We want to recognise that by paying good wages. Jurang Wholesale Limited (t/a Jurang Fair Trade) received Living Wage Employer accreditation in June 2015.
Please note that being a Living Wage Employer has nothing to do with the Conservative Government's planned introduction of a 'National Living Wage'. The Living Wage Foundation provides an independent and more comprehensive scheme than that what is being proposed by the government.
Although we applied for an received accreditation in June 2015, our employees had already been paid a Living Wage or above for 4 years. Currently all our employees are paid above the rate set by the Living Wage Foundation.
The Living Wage is an hourly rate of pay set independently and calculated according to the basic cost of living in the UK. The rate is reviewed and updated annually and currently is £7.85 an hour, with the London Living Wage slightly higher at £9.15 an hour.
Paying the Living Wage is good for the individual, good for society and good for business. It enjoys support across all political parties. Employers choose to pay the Living Wage on a voluntary basis and the Living Wage Employer Mark and Service Provider Recognition Scheme provide an ethical badge for responsible pay.
Good for Business
An independent study examining 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%.
Two thirds 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.
Following the adoption of the Living Wage PwC found turnover of contractors fell from 4% to 1%.
Good for Families
The Living Wage affords people the opportunity to provide for themselves and their families. 75% of employees reported increases in work quality as a result of receiving the Living Wage.
50% of employees felt that the Living Wage had made them more willing to implement changes in their working practices; enabled them to require fewer concessions to effect change; and made them more likely to adopt changes more quickly.
Good for Society
The Living Wage campaign was launched in 2001 by parents in East London, who were frustrated that working two minimum wage jobs left no time for family life.
The causes of poverty are complex and in order to improve lives there should be a package of solutions across policy areas. The Living Wage can be part of the solution.
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